ACTIV Financial announced today that RSJ has selected ACTIV X-ray to help identify trading opportunities as they expand their trading activity in new asset classes and trading venues.
To successfully launch trading models on new trading venues, trading firms must perform a broad range of analytics and tests. In addition, trading firms need the ability to access in-depth market information allowing them to understand specific market mechanics of each venue. High quality data, coupled with big xyt's ultra-fast cloud platform, helps trading firms to gain relevant insight in a convenient way. By subscribing to ACTIV X-ray, RSJ is able to test models accurately and to reduce project risks.
ACTIV X-ray is a turn-key solution delivered at a monthly subscription fee including tick data, hardware, hosting and operations, meaning companies are no longer forced to purchase data and to build an optimized tick data infrastructure using expert skills. This enables trading firms to focus on their core business.
“Subscribing to ACTIV X-ray is a strategic investment as it enables us to start model testing on new markets immediately,” said Bronislav Kandrik, Head of Trading, RSJ. “After evaluating various cloud solutions, we have selected ACTIV X-ray based on two essential success factors, ACTIV’s data quality and big xyt’s engineering capabilities.”
“ACTIV X-ray is a cornerstone in ACTIV’s strategy to deliver innovative products to the trading community around the world,” said Ben Collins, Managing Director Europe, Activ Financial. “Having RSJ as a new customer demonstrates the value of our product to one of the most sophisticated trading firms globally.”
ACTIV is a global provider of real-time, multi-asset financial market data and solutions. ACTIV offers neutral, managed services for buy and sell-side firms and technology providers seeking a complete market data solution that encompasses both global content management and data delivery. With coverage spanning more than 200 equity and derivatives exchanges around the world, ACTIV is the only truly end-to-end, independent market data utility in the industry. Founded in 2002 by market data specialists, the firm is privately owned and has offices in Chicago, New York, Tokyo, Singapore and London.
Since 2005 the big xyt team has provided global corporations in the most demanding domains with the fastest, most efficient, and most convenient solutions for processing real-time and historical data. This focus has enabled us to become the leader and most innovative company in high-volume data analytics.
Today big xyt engineers and operates solutions for storing and analyzing large amounts of data, enabling customers to transform data into information and decisions instantaneously. This allows corporations to innovate in remarkably fast and efficient ways, making this capability an essential corporate asset, and a competitive advantage.