Market Making & Auto-Quoting

ACTIV Financial is likely the most widely used market data system by market makers and specialists, particularly within the US Equity Options markets which are perhaps the most data intensive users of market data in the world. ACTIV operates the ticker plant on the floor of the CBOE (TickerExpress) with over 450 direct accesses as well as on the floor of the AMEX, PHLX, and provide feeds to the majority of the NYSE Hybrid specialists and feeds and technology for the new CBSX exchange.

At the core of the capital markets process is where you'll find ACTIV, most likely because of ACTIV's ability to deliver:

 

Low Latency	Industry leading latencies without compromise. And in fact, the ActivFeed MPU delivers sub-100 microsecond latencies on over 3 million+ messages/second, including order books.
Full-Tick Delivery	ACTIV's data is NEVER conflated, you get every tick
Corporate Actions	Integrated and accurate dividends and corporate actions
Time and Sales	Time and Sales with Quoted, full tick time series histories
Market Depth	Level II and Market Depth from all exchanges including full order book by market maker or price, as well as consolidated volume at the top ten prices on each side of the book...a service ACTIV calls BBO10
Vendor of Record	Hosting services for your applications directly in ACTIV's cage, or a cross-connect away.
Auto-Quoting	Integration with Auto-Quoting applications such as Actant, MicroHedge, RTS, and Edge Specialists