MarketFactory set to roll out data adapter

NEW YORK - Technology vendor MarketFactory has announced it will begin rolling out a market data adapter for foreign exchange platforms and exchanges targeted at traders using application programming interfaces (APIs), in the third quarter.

The adapter, called Sherpa Connect, converts the specific messaging protocols of different electronic communication networks (ECNs) and exchanges into a single interface format. The adapter makes code-level decisions about the use of the custom data sent from

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