Contact Information: Contacts: Metia Audra Tiner +1 917 320 6457 Email Contact Steven Smith +1 415 672 4716 Email Contact
4th Story Integrates ACTIV's High Performance Market Data to Power Automated Trading
| Source: 4th Story
SAN FRANCISCO, CA -- (MARKET WIRE) -- May 15, 2007 -- 4th Story, a leading provider of
automated trading software to institutions, hedge funds and broker-dealers,
today announced support for ACTIV Financial's comprehensive market data
offering. 4th Story will leverage ACTIV's advanced low-latency platform to
deliver real-time and historic data to 4th Story trading programs.
4S.Everglades™, 4th Story's high-performance strategy trading platform,
can directly access the ActivFeed Direct low-latency streaming data feed to
drive real-time algorithmic and alpha strategy trading via an embedded
adapter. ACTIV's extensive store of historical data will also feed
strategy development and data mining in 4th Story's 4S.Yellowstone™ and
4S.Klondike™ applications.
"ACTIV is one of a growing number of third party applications and providers
that we have integrated into our platform to give our customers the
flexibility they deserve in implementing a best-of-breed solution tailored
to their needs," said Steven Smith, Chief Executive Officer of 4th Story.
"Our multi-asset class, multi-currency products seamlessly complement the
breath of data offered in ACTIV's feeds to create an end to end solution."
"The combination of our world-class market data solutions and 4th Story's
innovative strategy back-testing and execution platform delivers a
comprehensive offering to meet the demanding latency and performance
requirements of financial services organizations," said Frank Piasecki,
president of ACTIV Financial.
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 ACTIV Financial (www.activfinancial.com)
ACTIV Financial Systems, Inc. is privately owned with offices in Chicago,
New York City, Wheaton, IL, Singapore and Cambridge, UK. Their high
performance enterprise data management platform provides real-time,
streaming pricing data by taking data directly from exchanges, and
combining it with supporting added value data. As vendor of record, ACTIV
delivers consolidated, hosted and on-site ticker plant services for
exchanges around the world.