Press Releases
RTTNews Selects CFN Services’ Alpha Platform™ to Enable Machine-Readable, Low-Latency News Service for Automated Trading
RTTNews Selects CFN Services’ Alpha Platform™ to Enable Machine-Readable, Low-Latency News Service for Automated Trading
Global Financial News Service Chooses CFN Services’ Private Cloud to Cost-effectively Deliver Time-sensitive Information to its Clients
Herndon, VA — June 27, 2011 — CFN Services, the leading provider of managed high-frequency trading enablement services, today announced that RTTNews, a global financial news services firm, has selected CFN Services’ Alpha Platform™ to enable a machine-readable, low-latency news service for automated trading. With the launch of the new service powered by the Alpha Platform™, RTTNews builds on its 13-year history of providing timely solutions to financial markets.
“CFN’s Alpha Platform™ helps streamline the process of providing time-sensitive, actionable news and information at an affordable cost,” said Andrew Mariathasan, President of RTTNews. “RTTNews is well-positioned to meet the needs of institutional clients and all types of traders that would like to utilize news and information as part of automated trading, including event-driven trading.”
RTTNews provides real-time corporate, economic, political, and general news to the online traders and investors through Direct Market Access (DMA) platforms and market data providers. Many widely recognized foreign exchange trading platforms (FOREX) also offer RTTNews’ in-depth economic, geo-political, and all other news and information that impact the currencies, commodities and futures markets.
CFN Services’ Alpha Platform™ is a global high-performance private cloud for automated trading. It is a flexible and customizable platform that seamlessly integrates delivery of low-latency market and event data with best-of-breed trading applications—all proximity-hosted within liquidity venues to accelerate trading performance.
“CFN Services’ premier platform lowers the cost barrier for global product deployment, offering plug-and-play integration of news data with high-performance trading applications,” said Sebastian Yoon, CFN Services’ Vice President of Financial Services. “We’re excited that RTTNews will utilize the Alpha Platform™ for its low-latency content offerings.”
About RTTNews
RTTNews is one of the leading financial news providers serving major banks, brokers, technology providers, portals, media outlets, newspapers and other organizations serving the financial markets and the investing community. RTT is recognized for providing 24-hr coverage of global corporate, economic & political news and comprehensive market analysis and commentary. For more information about RTTNews, visit www.rttnews.com.
About CFN Services in the Global Financial Markets
CFN Services is a leading provider of managed high-frequency trading enablement services, providing solutions that accelerate market data delivery and trade execution for some of the most sophisticated financial markets participants worldwide. CFN Services operates the low-latency Alpha Platform™, a high performance global cloud that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets.
About CFN Services
CFN Services provides high-performance network and application delivery solutions for real-time, mission critical applications. Leveraging FiberSource®, a global network optimization platform, CFN Services builds low-latency private cloud solutions to solve the performance challenges of latency and jitter in distributed IT environments. Whether the application and data are dispersed across town or around the globe, CFN Services deploys turnkey solutions within and between public and private data centers in North and South America, Europe, and Asia. For more information: http://www.cfnservices.com.
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Press Contact:
Judy Misbin-May, CFN Services
+1-703-788-6633
judy.misbin-may@cfnservices.com
RTT News
+1-202-349-4091
sales@rttnews.com