Several Designated Primary Market Makers on the CBOW Stock Exchange have implemented ACTIV Financial’s ActivFeed Direct platform.
ACTIV delivers market data to various specialist applications for CBSX DPMs, including Susquehanna Investment Group, LaBranche and Van der Moolen.
“CBSX is the newest U.S. stock exchange operating in a highly competitive arena where the quality and speed of market data can have a dramatic impact on trading performance,” said Curt Schumacher, CBOE’s vice president and CTO for systems operations. “We are pleased that ACTIV is able to provide competitive book depth via Activ Feed Direct to complement the CBSX trading platform demonstrating its commitment to our marketplace.”