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Rival Systems Announces Equity CTA and UTP Feed Handlers
Traders Magazine Online News, July 31, 2018
Rival Systems (Rival), a provider of trading and risk management software, announced the rollout of CTA and UTP feed handlers within its Rival Trader platform. Native support for these equity feeds will provide Rival clients with easy access to equity data.
“Further expanding into the equities market is a natural evolution of our product ecosystem,” said Robert D’Arco, CEO of Rival Systems. “We’re driven to provide clients with access to global market data and execution capabilities with the best latency, functionality and support in the market. Providing a one-stop solution for trading across all markets will help clients expand their business, reduce costs, and save valuable time.”
The addition of these equity feeds complements Rival’s existing capabilities in the futures market with feed handlers for CME, ICE, CBOE CFE, NFX and Eurex. Rival offers users a fully-hosted solution for receiving equity data within their Rival Trader application through a partnership with Pico Quantitative Trading (Pico). Clients also have the option to run the Rival Trader infrastructure on premise, and can easily integrate the Rival feed handlers into their proprietary trading systems.
“We have been very impressed with Rival’s growth since they launched in 2015 and are pleased Rival chose Pico as their source of high quality, cross-asset market data in the Rival platform,” said Jarrod Yuster, CEO of Pico. “Rival offers great technology and support to their clients, and we’re excited to support their expansion into the equities market.”
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