Real-time market data provider Arcontech is to offer its products and services over the Radianz network as part of a combined market data package to create shared networks that bypass information vendors such as Reuters, Bloomberg and MoneyLine Telerate. Under this new initiative Arcontech’s CityVision StarNet software will be used over RadianzNet to create data sub networks connecting producers and consumers of real-time market data. Myron Tataryn, Head of European Sales, Radianz, commented, ‘Whilst Radianz remains neutral concerning the services and suppliers we support, clearly it makes sense to work with companies whose products add value to our own offerings. Arcontech has some interesting technology in its CityVision StarNet range that fit well with our model.’ Separately, MB Trading has selected Radianz to provide networking to link banks, brokerages, market makers, and institutional clients in the United States and Europe to the electronic order-routing and transactional services provided by MB Trading’s institutional division.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
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