Correlix Revises Latency Tool

The vendor released version 1.5 in mid-December, and has since rolled it out to several sell-side and ECN clients, says Correlix chief executive Shawn Melamed.

The upgrade includes an improved multi-route engine that monitors the flow of traffic across the various routes a message might take to get to or from a trading venue-for example, via different providers, in-house feed handlers, and data publishing platforms. So where messages for a particular symbol are assigned a particular route, firms

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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