17 November 2017
visit www.solutions.lexisnexis.com

Wombat reports Equiduct Trading deal

14 May 2008  |  5108 views  |  0 mifid

Nyse Euronext-owned Wombat Financial Software has signed Börse Berlin Equiduct Trading to its tick data management platform, One Tick.

The exchange operator will use the OneTick platform to collect and store real-time data, such as trades, quotes and order books, across a variety of European exchanges.

This will support a range of data services that Equiduct Trading - the soon-to-be-launched MiFID-compliant pan-European trading platform - offers customers, including a consolidated volume-weighted best bid and offer (VBBO), market data backfill and historical trading data retrieval.

The Wombat system is designed to handle vast volumes of real-time data rates and analytics requests, such as those generated in a transparent MiFID landscape, says Wombat. It also offers support for single and consolidated order books and features advanced analysis including cross venue consolidation, best-execution analytics for MiFID compliance and adapters for multiple market data sources.

Willy Van Stappen, COO, Equiduct Trading, says: "OneTick's off-the-shelf consolidated order book analytics facilitate the demands for real-time VBBO for our PartnerEx programme and is helping us reach our goal of becoming the European benchmark for best price execution in the MiFID trading environment."

Last month Börse Berlin Equiduct Systems recruited London-based Fixnetix to develop the low latency market data feed for the new platform. It has also signed a preliminary agreement with LCH.Clearnet for the provision of central counterparty clearing services for transactions.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Fixnetix wins Equiduct Trading deal

Fixnetix wins Equiduct Trading deal

11 April 2008  |  5768 views  |  0 comments
LCH.Clearnet wins Equiduct Trading clearing deal

LCH.Clearnet wins Equiduct Trading clearing deal

04 March 2008  |  6542 views  |  0 comments
Börse Berlin opens Equiduct Trading sales office in Paris

Börse Berlin opens Equiduct Trading sales office in Paris

27 February 2008  |  4382 views  |  0 comments
Börse Berlin selects KTS to develop Equiduct Trading market data portal

Börse Berlin selects KTS to develop Equiduct Trading market data portal

16 January 2008  |  4060 views  |  0 comments
Nyse Euronext to buy Wombat

Nyse Euronext to buy Wombat

14 January 2008  |  8712 views  |  0 comments
Börse Berlin takes majority stake in Equiduct

Börse Berlin takes majority stake in Equiduct

25 September 2007  |  11178 views  |  0 comments
TD Securities signs global licence for Wombat market data technology

TD Securities signs global licence for Wombat market data technology

19 March 2007  |  5949 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ncr.comvisit www.fivedegrees.nlvisit www.atos.net

Top topics

Most viewed Most shared
Singapore central bank open sources blockchain prototypesSingapore central bank open sources blockc...
11243 views comments | 15 tweets | 28 linkedin
Digital receipt startup Flux scores game-changing deal with BarclaysDigital receipt startup Flux scores game-c...
9508 views comments | 20 tweets | 36 linkedin
AmEx partners Ripple and Santander for blockchain-enabled cross-border paymentsAmEx partners Ripple and Santander for blo...
8258 views comments | 11 tweets | 35 linkedin
UK cryptocurrency exchange startup launches debit card for spending bitcoinUK cryptocurrency exchange startup launche...
7253 views comments | 26 tweets | 37 linkedin
Visa bids to bring contactless transit payments to the worldVisa bids to bring contactless transit pay...
7131 views comments | 16 tweets | 29 linkedin

Featured job

Competitive
Germany, Austria or Switzerland

Find your next job