Algorithmic Trading news articles - EdgeTrade Selects Wombat for High Speed Data Platform
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EdgeTrade Selects Wombat for High Speed Data Platform
Wombat Financial Software announced today that EdgeTrade Inc. has licensed The Wombat Platform to enhance the utility of Execution Management System(TM), EdgeTrade's independent, agency front-end platform for trading of single stock and basket equity orders. The decision to choose Wombat was based on the speed and comprehensiveness of Wombat's market data integration software.
"Wombat's enterprise-ready, low latency solution will greatly benefit the buy-side and sell-side traders who turn to EdgeTrade for our innovative, agency algorithmic strategies and anonymous executions," said EdgeTrade CEO, Joseph Wald.
High frequency trading participants across the brokerage, market making and hedge fund communities are using the Wombat Platform to solve their data integration problems. By exposing the world's markets through an integrated API suite and extensible data model, these customers, including seven of the ten largest brokers, are able to focus on their business rather than data management.
The Wombat Platform combines a range of data feed handlers with a messaging platform that eases the task of integrating high speed data into one's applications, be they for market making, trading, analytical or other purposes. A suite of programming interfaces, distribution servers, entitlements control utilities and monitoring tools allows customers to access the data they need, while maintaining tight control over their systems. click here to return to the top of the page
