Cognitive Capital Takes Orc for Low Latency

As part of the licensing agreement, which was signed in the second quarter, the firm has deployed the vendor's Orc CameronFIX for market connectivity and Orc Trading platform for risk management.

Vendor officials say Cognitive Capital is using Orc CameronFIX to support the firm's low-latency, high-frequency trading strategies by providing high-performance FIX connectivity between the trading firm's algorithmic trading systems and various equities markets, including Nasdaq and NYSE Arca Equities.

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