SpryWare Debuts Quote Mitigation

Officials say that clients wanting to use the same feeds-for example in equity execution management systems or options analytics packages that constantly calculate positions, risk and greek values-would simply be overwhelmed if they subscribed directly to the same feeds that the MIS distributes to their algo trading systems. The new software enables clients to dial back update rates for specific applications, so that a display app might only receive one or two updates per second, while the a