Nyse Technologies, the commercial technology division of Nyse Euronext (NYX) and Actant, a leading global trading software firm, announce today a joint agreement to upgrade market making software Aqtor with Nyse Technologies' SuperFeed solution to further enhance its performance and expand global coverage.
The SuperFeed solution is an industrial-strength, high performance market data ticker plant and distribution system with microsecond latency. The SuperFeed fully hosted and managed service utilizes NYSE Technologies' world renowned Feed Handler Suite and Data Fabric middleware across the global SFTI network.
Actant will use NYSE Technologies' SuperFeed solution to gain immediate access to global markets, including NYSE Euronext's diverse global exchanges, alongside data from the major markets in the U.S., Europe and Asia, through one single solution, across an ultra-low latency global network. Furthermore, with NYSE Technologies' Secure Financial Transactions Infrastructure (SFTI) network, Actant will reduce time-to-market, improve performance and increase market efficiency with the added benefit of lower operational expenses.
"We are pleased that Actant has selected our SuperFeed solution as the data platform of choice," said Mark Schaedel, Senior Vice President, Global Market Data Products, NYSE Technologies. "We believe their choice underscores the power and value of the service to markets and firms looking for a managed high performing electronic trading solution."
"Our selection of SuperFeed is a direct response to our market makers' demands for the most innovative product that matches the performance, speed and scale that the industry has to offer," said Peter Grant, CEO of Actant. "We are confident that NYSE Technologies' powerful ultra low-latency SuperFeed engine will provide those optimal performance levels for them to perform efficiently and remain competitive in these markets."
NYSE Technologies' Global Feed Handler Suite provides microsecond data transmission via the SFTI network between global markets and more than 170 high-speed direct exchange and aggregated vendor feed handlers. NYSE Technologies' broad range of market data solutions can be offered as fully deployed, hosted, managed or on-demand serrvices.