Piper Jaffray selects Vhayu Velocity to strengthen algorithmic and programme trading groups.

0 Comments | M2 Presswire, April, 2006

M2 PRESSWIRE-3 April 2006-Vhayu: Piper Jaffray selects Vhayu Velocity to strengthen algorithmic and programme trading groups(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:03042006 NEW YORK- LONDON - Vhayu, a leader in streaming tick processing and persistence software, today announced that Piper Jaffray has selected its Vhayu VelocityTM platform to power micro-market strategieswithin its algorithmic and program trading groups.

Following client demand and industry regulation, Vhayu was selected based on its ability to capture andanalysemassive amounts of streaming and historical data, providing Piper Jaffray with a high-speed, scalable platform to enable precise, overnight market analysis and enhance their trading programs. In addition, the Velocity platform...

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