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Cardinal ‘Blesses' Rival-CME Feed Combo

Waters Technology

Cardinal officials say the Rival platform handles "vast amounts of data" faster than others, reducing the risk of stale quotes. The agricultural market-making group of Greenwich, Conn.-based Cardinal Capital Management has rolled out the Rival Trader low-latency trading and risk management system from Rival Systems, the trading technology provider spinoff from Ronin Capital, along with a feed of CME Group market data to support its trading activities.


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