Marketcetera Integrates Activ Data

Marketcetera has built Activ's data API into its order-routing server-which comprises complex event processing and order-routing capabilities, a trading algorithm development framework, and an execution management system-to capture data from Activ without additional development.

Marketcetera chief executive Graham Miller says clients are typically hedge funds and proprietary trading firms carrying out options market-making and arbitrage.

"The hedge fund space is very difficult to break into, s

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