Xasax Preps Direct Feed Network for Hedge Funds

The vendor's proprietary network-which includes points of presence (PoPs) in data centers operated by Nasdaq and the New York Stock Exchange, as well as third-party hosting centers owned by Savvis and Equinix that host matching engines for various market centers, all joined by the vendor's own dark fiber circuits-has been in production for nearly five months, and will be used to distribute the direct feeds, according to Xasax chief executive Noah Lieske.

"Our institutional feeds are in beta state

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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