Activ Financial Systems had a busy year in 2010, adding customers, launching updated products and building out its internal network. Low-latency.com talked to the company’s president and co-founder Frank Piasecki to find out more.
Q: Activ added 90+ customers in 2010. Can you clarify that, and point to any key growth areas?
A: Activ saw good growth across all of our client tiers from small to enterprise in 2010. North America was strong around options, FX and new market liquidity venues such as in Toronto. Also clients added services to provide more depth of content and analytics on existing markets they trade. North American client interest in Asia, and new business in that region, continued to grow at very high levels as firms tested trading strategies across that region.