IVC Grows Tervela Switches for Expansion

IVC America, the US arm of London-based hedge fund IV Capital, has expanded its deployment of Tervela's hardware-based messaging infrastructure for market data distribution, to support the firm's move into new markets.

During June and July, IVC - which has used Tervela since 2007 to support strategies including high-frequency trading - rolled out the vendor's TMX-500 message switch to reduce latency while providing more capacity to allow the firm to trade competitively on a larger number of exch

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