Galiam, Scottrade Tap OneMarketData for Tick Database, CEP

Richard Chmiel, vice president, OneMarketData

Startup hedge fund Galiam Capital and online broker Scottrade are both rolling out OneMarketData’s OneTick combined tick database and complex event processing system, the vendor will announce this week, to support multi-asset class high-frequency trading strategies and to handle large volumes of client message traffic, respectively, officials say.

San Francisco-based Galiam—an affiliate of Canadian trading firm Infinium Group—is currently deploying the software to support its construction of alg

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