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Vhayu Velocity chosen by Bear Stearns to power transaction cost analysis module of its advanced algorithmic trading application.
0 Comments | M2 Presswire, January, 2006
M2 PRESSWIRE-10 January 2006-Vhayu: Vhayu Velocity chosen by Bear Stearns to power transaction cost analysis module of its advanced algorithmic trading application(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:10012006 Los Gatos, CA - Vhayu, a leader in streaming tick processing and persistence software today announced that Bear, Stearns & Co.
Inc., (NYSE: BSC) has selected Vhayu VelocityTM as a fast redundant intraday tick cache fortheir electronic trading engines. The decision to choose Vhayu was based on the speed and scalability of the VelocityTM platform. "Vhayu's software was designed specifically formarket data and has built in scalability and reliability that we demand within our trading technology infrastructure," said Jerome Downey, SeniorManaging...
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