Forkbeard Rolls Out Activ for Equity Data

The firm had previously sourced London Stock Exchange data via Thomson Reuters' legacy GlobalTopic feed, but began a selection process last year to find an alternative service after being notified that Thomson Reuters planned to phase out the GlobalTopic feed (IMD, June 15). Forkbeard chose Activ based on a range of criteria that included latency, cost, and ease of integration with its Aqtor market making systems—although a Forkbeard official says that "latency was the most critical factor."

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