âCustomers want the best of both worlds, ultra low-latency market data for algorithmic trading engines that require every market data event, to a manageable flow of real-time data. For example, a risk management application can provide up to the second information, without the need for up to the microsecond market dataâ says Daniel May, Director of SpryWare. âQMT allows our customers to leverage their existing SpryWare installation and network infrastructure, with a simple software upgrade.â
Ultra Low Latency market data is SpryWareâs main focus, providing full data feeds with extremely high throughput. QMT is a nice alternative which addresses the demand for real-time data for customers with less bandwidth. Not every customer needs every single quote for example. The Quote Mitigation Technology was released with the latest server version of MISâ¢ and is an optional configuration on the customer side.