4th Story, a provider of automated trading software to institutions, hedge funds and broker-dealers, has 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 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 historical data store 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 solution tailored to their needs," says Steven Smith, CEO of 4th Story. "Our multi-asset class, multi-currency products complement the breadth of data offered in ACTIV's feeds to create an end to end solution."
"The combination of our market data solutions and 4th Story's strategy back-testing and execution platform delivers a comprehensive offering to meet the demanding latency and performance requirements of financial services organisations," says Frank Piasecki, president of ACTIV Financial.