HyperFeed Technologies Inc. announced that it has acquired Focus Technology Group, developer of SORTT smart order routing technology. The acquisition strengthens HyperFeed's position as a leading neutral provider of high performance financial utilities for electronic trading.
More than a set of user-definable parameters, SORTT improves direct access trading by dynamically scanning providers of liquidity for both the fastest possible execution and price improvement. Combined with HTPX, HyperFeed now provides customers with high-performance, application-independent utilities that power front- and back-office trade decision systems for instant-execution decisions.
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