In Brief, June 21, 2010
Correlix pushes RaceTeam 3.0
Correlix has released version 3.0 of its latency monitoring service, RaceTeam, it announced on June 14. It includes a market latency data feed and a monitor/alert service for trades such as unacknowledged or stuck orders, which increase undue exposure. Shawn Melamed, chief technology officer at Correlix said: "High-frequency traders and sell-side firms are looking to use latency information as actionable data. It is about what is the best price that can be obtained at
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