CBOE, CBSX to Extend Activ Data Installation

CBOE originally sourced the equities depth data to support firms trading on its Chicago Board Stock Exchange venture, which began trading on March 5, because designated primary market makers (DPMs) trading equities listed at other exchanges needed low-latency data that provided full depth of market.

"We came to CBOE and said we needed more than just the consolidated trade and quote," says William White, senior managing partner at VDM Specialists in Chicago. "As a specialist, we need to see t