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ACTIV Financial Partners with Tethys for Global Automated Trading

New York and London – June 14, 2011 – ACTIV Financial, a global provider of fully managed low-latency and enterprise market data solutions, today announced a partnership with Tethys, the industry leader in broker neutral algorithmic trading solutions, to integrate the Tethys Execta trading platform with ACTIV’s low latency global market data service. The new system will provide a single cross-asset automated trading platform that will help customers streamline trading infrastructure, reduce total cost of ownership, and accelerate high performance trading.

Hosted in datacenters in Asia, the US and UK, the combined solution offers a one stop shop for existing and new Tethys customers to seamlessly access ACTIV’s global low latency market data network. The fully hosted trading platform will include comprehensive support to allow users to focus on executing critical high frequency and automated trading activity, rather than maintaining multiple inefficient and costly trading systems.

“ACTIV has always demonstrated the drive to provide low latency market data solutions that offer cost-effective, top-flight performance,” remarked Nitin Gambhir, Founder and CEO, at Tethys. “We are excited to be able to offer users of Execta access to world class market data to support and drive their automated trading strategies.”

“Market participants are constantly looking for ways to better execute and manage their trades in an increasingly competitive, automated, low-latency environment,” said Frank Piasecki, President and Co-Founder of ACTIV Financial. “By joining forces with Tethys, we can combine our world class market data with one of the top automated trading platforms available to help global clients improve their performance while lowering their total cost of ownership.”


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“ACTIV’s world class global market data offering adds significant value to our financial ecosystem.”

John Knuff, GM of Global Financial Services at Equinix