September 8, 2016 · Press Releases
Rival Systems Celebrates One-Year Anniversary
This week marks our one-year anniversary! In our first year we introduced four major products including Rival Trader, Rival API, Rival Risk and Rival Trainer. Our broad base of clients across equity options market makers, futures options market makers, algorithmic traders, and risk managers are leveraging our suite of products to take their business to the next level.
We rolled out Rival Trader with what our clients confirmed to be the fastest trading platform available on the market, and then reduced the tick-to-trade latency by another 25%. We continuously upgraded all of our products throughout the year, with nearly 100 enhancements, all developed in short order and with no extra charge to the benefit of all clients.
We expanded our market access for clients to include CBOE, CME Group, Eurex and ICE. In the coming months and early 2017 we will be offering connectivity to NFX, fixed income exchanges, and additional options exchanges. Before year end, we will broaden our global footprint with offices opening in New York and London.
Thank you to our clients, partners and industry supporters for helping make our first year a success. And a big thank you to our talented developers and employees for all of their hard work to launch Rival Systems and continue our amazing growth.
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