CHICAGO, May 9, 2017 /PRNewswire/ -- Rival Systems (Rival), an award-winning provider of trading and risk management software, today announced that it has integrated into its trading platform QuantHouse's end-to-end ultra-low latency market data feed. The integration of QuantFEED into the Rival Trader and Rival API platforms further strengthens Rival's multi-asset class offering with one of the fastest, most comprehensive global market data offerings available.
The move enables mutual clients of Rival and QuantHouse to benefit from the ability to seamlessly pull QuantFEED data into Rival's front-end trading and algorithmic strategy development software, with the flexibility to configure the market data to meet their varying latency and cost requirements. The feed, including hardware, software and telecommunications components, integrates directly into the full functionality of Rival Trader and Rival API, including building and executing algorithms using the ultra-low latency data.
Rival Systems CEO Robert D'Arco said: "As we continue to grow beyond futures and options into the equity space and expand our connectivity to exchanges outside the U.S., we want to ensure that our users have all of the tools at their disposal to benefit from the full power of our sophisticated analytics and trading offering. Integrating with QuantHouse provides a seamless experience for our mutual clients to leverage the unique strengths of our respective technologies."
Salloum Abousaleh, Managing Director, Americas, QuantHouse, said: "We are delighted to offer our QuantFEED technology to our mutual clients, who will benefit from the latest in ultra-low latency market data feeds. Rival understands the importance of providing the very best technology to clients so firms can focus on the business of remaining competitive in this fast-moving trading environment, safe in the knowledge that they are optimizing their trading performance to the highest possible standard."
About Rival
Rival Systems (www.rivalsystems.com) empowers professional traders with the technology and resources required to compete in today's markets. Rival provides a comprehensive technology solution with award-winning platforms, including: Rival Trader, a sophisticated, ultra-low latency derivatives trading system; Rival API, an algorithmic strategy development framework; and Rival Risk, a fully hosted enterprise risk management platform; as well as extensive training and support. Rival Systems has distinguished itself in the industry through its premier service, exceptional speed and advanced features designed to help users gain an edge in the market.
About QuantHouse
QuantHouse provides trading venues, hedge funds, market makers, proprietary desks, brokers and sell-side with end-to-end trading solutions including algo trading development frameworks, ultra-low latency market data, proximity hosting and order routing. We help trading firms achieve optimal trading performance, develop and integrate new trading strategies, comply with regulatory requirements, test existing and new trading infrastructure tools and rationalise operating costs. Our global trading infrastructure building blocks include QuantFEED, QuantFACTORY and QuantLINK, all accessible via open APIs. QuantHouse was acquired back by the QuantHouse founders in January 2017, after a four-year ownership by S&P Global. For more information, please visit www.quanthouse.com, follow us on Twitter @quanthouse or visit our LinkedIn Page.
SOURCE Rival Systems
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