Futures trading package vendor Rolfe & Nolan has licensed EccoWare's market data APIs for Eurex, Liffe, a/c/e and CME Globex2 for use in its RANorder ASP-based order entry system.
The API’s give RANorder real-time access to market prices, volume and depth of market. The current implementation of the package utilises a third party data vendor for market prices. The new implementation incorporates direct market data access from the exchanges and is expected to be significantly faster than its predecessor.
The move is an extension of Rolfe & Nolan's existing alliance with EccoWare for the provision of a new user-friendly front end to the RANorder package. The new application, RANorder Pro, is billed by the partners as the first system to allow truly transparent access to both electronic and open outcry exchanges in the US.