SR Labs Unveils Composite Book Aggregator

The Composite Book application is an add-on to the vendor's SMDS co-location market data system, and utilizes SR Lab's existing library of feed handlers to consolidate price activity across different venues that trade the same stock, making it easier for algorithmic trading engines to determine the best price in the market, or to identify which venue is trading order sizes in line with the size a firm wants to trade, rather than needing to compute that value within the algo engine itself.

Samir

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