Virtu adds new rules and logic to US POSIT platform ahead of technological rebuild
Alongside changes to matching rules and new subscriber segmentation, the Virtu POSIT ATS will also undergo a technological rebuild to improve system performance.
Alongside changes to matching rules and new subscriber segmentation, the Virtu POSIT ATS will also undergo a technological rebuild to improve system performance.
The record trade on POSIT Alert Australia is the culmination of various improvements made to the system by Virtu Financial.
POSIT Alert Europe saw a new record of trading activity in June after Virtu Financial made several upgrades to the system earlier this year.
Virtu’s POSIT Alert system was deemed slow compared to other blotter scraping tools, as the firm moves to 1:1 matching and significantly reduced latencies.
POSIT Alert conditional orders are already available in Europe, the Middle East and Africa, and the US.