HyperFeed opens London office

Source: Hyperfeed Technologies

HyperFeed Technologies, Inc. (OTCBB:HYPR), a leading provider of ticker plant technologies, data distribution, smart order routing and managed data services to the financial community, announced the opening of a new European sales office in London.

"We are pleased to announce the establishment of our physical presence in Europe with this flagship office in London," said Paul Pluschkell, CEO of HyperFeed. "The office represents a key step in HyperFeed's expansion strategy in the EU marketplace."

The opening of the office follows HyperFeed's acquisition last year of the TRS and Active8 licensed products from Telerate, now a part of Reuters. Now re-branded as HMDP and OCC, respectively, this market data distribution platform complements HyperFeed's HTPX ticker-plant offering, which now includes high performance Direct Exchange Access capabilities to the European market.

Heetesh Rawal, Managing Director, Sales Europe, is the head of the London office. Mr. Rawal notes that, "The opening of this office in such a key metropolitan location is a vital and exciting step in our plans for the EU. Our products are superbly placed to provide the London and European market a truly cutting edge alternative to the more conventional and diminishing choices of times. Our growth in the domestic market demonstrates that the financial industry likes our core products. Our plans for the HMDP and OCC open platform and desktop provide the marketplace with the ability to regain control of their business, adding choices and an open platform, while reversing the current trend of market data vendors dictating many business decisions."

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