Fixnetix Goes Live on 4th Story Market Data Diagnostics
SAN FRANCISCO, CA--(Marketwire - November 24, 2008) - 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
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
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. For more information about Fixnetix, please visit www.fixnetix.com
Contact Information: Contact:
+1 415 672 4716
+44 7974 937970