Savvis Signs FTEN for DDU Service
VENDOR UPDATE
NEW YORK—Clients of direct market access (DMA) technology provider FTEN have gone live with Data Delivery Utility (DDU), the direct feed utility from Savvis and HyperFeed Technologies, in a move that will also allow the DMA vendor to expand its product coverage from equities into options and international markets.
FTEN provides white-labeled versions of its DirectXchange DMA platform to clearing firms and broker-dealers to make available to their buy-side client base. FTEN chief operating officer
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