Otkritie selects QuantHouse for market data feed
21 February 2011 | 2545 views | 0
Otkritie, one of the largest financial groups and leading providers of high frequency trading solutions in Russia, today announced that it has partnered with QuantHouse to enable clients to trade on RTS and Micex while assisting with the development and deployment of their algorithmic trading strategies and business development.
QuantHouse, the leading independent provider of end-to-end systematic trading solutions, will provide additional market data feeds and easier strategy testing thereby replacing clients' existing in-house systems.
OTKRITIE has selected QuantFEED, the firm's end-to-end ultra low latency market data feed, which captures raw data from within the exchange, performs microsecond decoding and delivers normalised data through a single API (C++, Java or C#).
QuantFACTORY, its automated trading platform, offers a unique testing and execution environment for algorithmic strategies. With QuantFACTORY, clients can easily handle the trading strategy development cycle from Research, Strategies Development, Back Testing and Strategy Execution in order to optimize the time to market. OTKRITIE's clients will benefit from the framework's openness and industry standard language utilisation.
Nils Jahn, OTKRITIE's Managing Director of Global Electronic Trading, comments: "With the development of high frequency and algorithmic trading there has been an increased demand among clients for ultra low latency infrastructure, local knowledge and expertise. OTKRITIE is committed to ensuring clients have access to high performance trading technologies to optimise their business performance. This collaboration with QuantHouse will give OTKRITIE customers exclusive access to Russian markets using a world class technology platform."
Stephane Leroy, QuantHouse's Head of Global Sales & Marketing, adds: "A growing number of clients are asking for accesses to emerging markets such as Russia in search of new opportunities. Our partnership with OTKRITIE is an efficient solution for anyone who wants to enter this market rapidly leveraging QuantHouse leading edge technology."