LONDON - 15th February 2011
Fixnetix announced today that Equiduct has renewed a multi-year contract for ultra-low latency market data. Equiduct leverages Fixnetix data to facilitate pan European best execution for the retail community and to create proprietary data products including the volume weighted best bid and offer (VBBO). The continued relationship is an endorsement of both organisations, strategically positioned to provide the fastest and most robust European equities platform.
Peter Randall, the CEO of Equiduct Systems Limited said "We are delighted to extend our association with Fixnetix. The reliability of the relationship between a trading platform provider and its market data vendor underpins the ability to provide a robust and orderly market."
"We are pleased to extend our relationship with Equiduct," says Hugh Hughes, Chief Executive of Fixnetix. "This long term renewal is in direct recognition of the reliability and stability of Fixnetix ultra-low latency market data."