ACTIV Financial announced today that RSJ has selected ACTIV X-ray to help identify trading opportunities as they expand their trading activity in new asset classes and trading venues.
To successfully launch trading models on new trading venues, trading firms must perform a broad range of analytics and tests. In addition, trading firms need the ability to access in-depth market information allowing them to understand specific market mechanics of each venue. High quality data, coupled with big xyt’s ultra-fast cloud platform, helps trading firms to gain relevant insight in a convenient way. By subscribing to ACTIV X-ray, RSJ is able to test models accurately and to reduce project risks.
ACTIV X-ray is a turn-key solution delivered at a monthly subscription fee including tick data, hardware, hosting and operations, meaning companies are no longer forced to purchase data and to build an optimized tick data infrastructure using expert skills. This enables trading firms to focus on their core business.
“Subscribing to ACTIV X-ray is a strategic investment as it enables us to start model testing on new markets immediately,” said BronislavKandrik, Head of Trading, RSJ. “After evaluating various cloud solutions, we have selected ACTIV X-ray based on two essential success factors, ACTIV’s data quality and big xyt’s engineering capabilities.”
“ACTIV X-ray is a cornerstone in ACTIV’s strategy to deliver innovative products to the trading community around the world,” said Ben Collins, Managing Director Europe, Activ Financial. “Having RSJ as a new customer demonstrates the value of our product to one of the most sophisticated trading firms globally.”