Progress Software, a software provider, and Activ Financial, a provider of latency technology and global distribution of market data, have unveiled Activ Financial Apama Adapter for ActivFeed. The adapter will allow high frequency traders to utilize the Progress Apama Capital Markets Foundation (CMF) to easily access rich market data through the adaptor across international equity and futures markets with low latency and a simplified application programming interface.
The product is built on the Apama CMF, which consists of a set of configurable application components for market data, analytics, order routing and infrastructure, simplifying the process of constructing capital markets applications. Kadima Asset Management, a Brazilian hedge fund, which has launched the Apama Adapter to consume Activ’s top-of-book equity data, now seeks to consume Activ’s full depth equity data and international futures data through the adapter.
Click here for the release from Market Wire.