Fixnetix Goes Live on 4th Story Market Data DiagnosticsTullett Liberty Goes Live on 4th Story Platform
SAN FRANCISCO, November 24, 2008 --
Fixnetix Goes Live on 4th Story Market Data Diagnostics
4th Story, LLC announced today that Fixnetix, a leading provider of ultra low latency market data, has gone live on 4S.Cascades™, its market data feed diagnostic product. Comparing two or more feeds in real time, 4S.Cascades provides key metrics, including relative latency and conflation in multiple tabular and graphical formats.
"4S.Cascades gives us a highly intuitive real-time graphical view of the quality of our feeds. They’ve done a great job with this product and it has been a very welcome addition to our monitoring tools,” said Paul Ellis, COO of Fixnetix.
As part of the implementation, 4th Story integrated Fixnetix’s low latency feeds into its algorithmic trading suite, which includes 4S.Everglades™ for real-time automated trading strategy operation and the 4S.Blue Ridge™ FIX compliant algo trading server.
"We are very pleased to have Fixnetix as both a customer and partner,” said Steve Smith, CEO of 4th Story. "They understand what is important to the algorithmic trading community. Together, we are able to offer this community a best of breed solution of market data, software and services.”
4S.Cascades allows two or more feeds to be compared side by side, graphically displaying the value, count and timing of ticks received from each feed for conflation and latency analysis. All ticks can be persisted for future analysis and the measurements are user configurable for flexibility.
About 4th Story (www.4thstory.com)
4th Story, LLC's suite of software quickly enables and manages automated trading opportunities for brokers, hedge funds and institutional traders. The company's products give the user the power of rapid testing and implementation of arbitrarily complex quantitative, algorithmic and automated trading strategies.
About Fixnetix (www.fixnetix.com)
Fixnetix is the leading provider of low latency market data and trading infrastructure connectivity to financial institutions such as investment banks and hedge funds. Fixnetix solutions deliver proven end-to-end performance without any buffering or loss of data, ensuring minimal latency to all major trading venues in Europe and worldwide. Fixnetix delivers data in multiple formats, with sub-millisecond transformation if required, with services provided on the wire for reduced support costs, delivery times and ease of integration.
Whether co-located as close as possible to any exchange or MTF using Fixnetix's @Source hosting, or connecting via the company's Ethernet and fibre network, financial institutions can leverage Fixnetix's high bandwidth connectivity without routing or hops for lowest latency direct access.