ACTIV Financial, a provider of real-time, multi-asset financial market data and solutions has been enhancing its global coverage with connectivity to new markets, the firm is now connected to over 200 equity and derivative exchanges. The firm announced that it will extend its data coverage to ten new markets in the Asia region.
ACTIV’s new Asia market coverage includes some of the best performing stock markets this year, including; Bursa Malaysia, Indonesia Stock Exchange, Philippine Stock Exchange, Stock Exchange of Thailand and Thailand Futures Exchange. According to data by Bespoke Investment, a research consultancy, Asian exchanges have been outperforming their European peers. Year to date, exchanges in ACTIV Financials new coverage arena have achieved double-digit growth, the Philippines PSEi achieved 20% growth.
“Our customers are increasingly moving toward multi-asset, global trading strategies that incorporate data from countries across Asia, and ACTIV is committed to expanding our offering to reflect market need,“ said Frank Piasecki, President of ACTIV Financial in a statement. “We see a unique opportunity for ACTIV to continue to grow as we help enterprises that are taking a fresh look at their market data infrastructure efficiency. Our increasingly global offering positions us strongly as a market data solution that now includes a wider breadth of coverage in Asia.”
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ACTIV will also be adding other new markets from the region including; Shanghai Stock Exchange, National Stock Exchange of India, Bombay Exchange and Taiwan Futures Exchange by the end of the year.
ACTIV Financial recently signed up with leading FX and CFD platform provider PFSOFT. Denis Borisovsky, CEO of PFSOFT spoke about ACTIV Financial’s new market coverage in a comment to Forex Magnates: “We have some clients in China which are already using ACTIV Financial, to deliver live multi asset quotes to their clients, over Protrader. They choose ACTIV Financial as the most competitive solution on markets data today. Adding new markets will only benefit existing clients.”