Cardinal ‘Blesses' Rival-CME Feed Combo
Cardinal officials say the Rival platform handles "vast amounts of data" faster than others, reducing the risk of stale quotes.
A spokesperson for Rival Systems says Cardinal Capital is taking a feed from CME via an unnamed third-party hosting provider to source data into the platform.
"When it comes to market making in listed options, speed is very important, and Rival has proven to be the best. It's faster and better at managing vast amounts of data than any other system we've seen on the market. If your system isn't fast enough and market conditions quickly change, your quotes could be stale and you could be exposed
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