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Trading Technology

12:24 PM
Leslie Kramer
Leslie Kramer
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ACTIV Financial and Marco Polo Network Unite To Simplify and Speed Inter-Market Trading in Brazil

Joint solution makes it as easy, cost-effective and reliable to trade with emerging markets as developed ones.

ACTIV Financial, a provider of fully managed low-latency market data solutions, and Marco Polo Network, which provides trade order routing and services to emerging capital markets, will deploy a joint solution to enable high-frequency trading in the Brazilian markets. Leveraging ACTIV's low-latency ticker plant in Brazil, Marco Polo can now provide a single supplier trade execution and market data solution. Working with ACTIV, Marco Polo enables customers to leverage value-added market data quickly for a simpler, cost-effective trading solution in Brazil's burgeoning capital market. Through this relationship, Marco Polo can embed both Brazilian and global market data directly into its desktop trading interface providing clients with the information, support and solutions they need to execute trades faster and better.

"We chose ACTIV to grow our Latin American market presence based on the company's reputation for providing fast, accurate and reliable market data around the world," said David Meredith, chief technology officer of Marco Polo Network, in a press release. "Working with ACTIV enables us to react to demand by quickly deploying solutions to broker-dealers in these emerging capital markets as needed. We've already received interest from other emerging markets for this offering and look forward to working with ACTIV to support our further expansion in growing financial centers," he added. The Brazilian market data will be provided by ACTIV's ultra low-latency service, Hosted ActivFeed Direct, and supplied by an exchange proximity ticker plant which was installed initially to support Marco Polo's clients. Customers with automated trading strategies will also have the ability to subscribe to datafeeds through the ActivFeed API, routing orders directly through Marco Polo's FIX gateway.

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