Tuesday, Chi-X Global Inc.'s, a U.S. financial service firm belonging to Nomura Holdings Inc. (NMR) unit, Chi-X Global Technology said its MarketPrizm infrastructure service has been selected by ABR Financial to power its high frequency and algorithmic trading applications.
ABR Financial, a privately-held investment firm based in Amsterdam, is using a number of the MarketPrizm service components. Connected to MarketPrizm's high speed network, PrizmNet, ABR receives low latency market data from various European trading venues, utilizes the network to send orders to markets in the region, and uses the colocation service provided by MarketPrizm.
Walter Hendriks, Managing Director for ABR Financial said, "We selected MarketPrizm to serve as a high performance, convenient infrastructure foundation for our high frequency trading activities."
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