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After merging with Vela Trading Systems last week, Exegy became the largest provider of low-latency market data and direct market access solutions in the marketplace, according to David Taylor, Co-President and CTO.
“With our comprehensive product portfolio, we have the ability to address the full spectrum of latency and distribution requirements – from nanosecond delivery speeds to global distribution,” Taylor told Traders Magazine.
On May 17, 2021, Exegy, a provider of low-latency solutions for global market data, predictive trading signals, and hardware-acceleration technology, and Vela Trading Systems, a provider of data and execution technology for global multi-asset electronic trading, merged business operations.
Exegy And Vela Join Forces To Become Global Leader In Low Latency Market Data, Trading Platforms, And Predictive Signals Date
20/05/2021
Exegy Incorporated, the market leader in low-latency solutions for global market data, predictive trading signals, and hardware-acceleration technology, and Vela Trading Systems LLC (Vela), a leading provider of data and execution technology for global multi-asset electronic trading, announced today that they have merged business operations in an agreement backed by Marlin Equity Partners, a global investment firm with over $7.5 billion of capital commitments under management. Operating as Exegy Incorporated, the combined company creates a dominant provider of premier data and execution platforms, anaged services for electronic trading powered by proprietary hardware-acceleration, Artificial Intelligence (AI), and service automation technologies.
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