ACTIV Financial to distribute NASDAQ OMX PHLX data feed
First Published 6th October 2010
ACTIV Financial adds TOPO Plus Orders to offering
Frank Piasecki, co-founder and president, ACTIV Financial: "TOPO Plus Orders gives our customers a leg up on competitors by providing them a more complete view of the market."
ACTIV Financial, the provider of fully managed low-latency market data solutions, has announced that is has become the first external data provider to distribute Top of PHLX Options Plus Orders (TOPO Plus Orders), the data feed for NASDAQ OMX PHLXSM (PHLX®).
"TOPO Plus Orders gives our customers a leg up on competitors by providing them a more complete view of the market," said Frank Piasecki, co-founder and president of ACTIV Financial. "With access to both quote and order information, customers gain additional market perspective and the ability to react to changing market conditions. We're proud to be the first provider to distribute TOPO Plus Orders and give our customers easy and real-time access to the premier direct data feed from one of the largest U.S. options exchanges. Essentially, ACTIV is providing clients with the actionable data and the speed necessary to gain that ultimate edge in the marketplace."
"TOPO Plus Orders is a great way to access orders in one of the largest options exchanges in the U.S. With such a complete view of the market, TOPO Plus Orders allows users to gain additional market perspective and react to changing market conditions," remarked Randall Hopkins, Senior Vice President, NASDAQ OMX. "By adding TOPO Plus Orders to its offerings, ACTIV Financial is facilitating clients' opportunity to trade profitably."