MIH selects OneTick data processing platform for two new exchange venues

Source: OneMarketData

OneMarketData, LLC, the creators of OneTick, the leading solution for event stream processing and Tick Data management, today announced that Miami International Holdings, Inc. (MIH) has chosen OneTick, OneMarketData’s proprietary high-performance tick capture and streaming analytics engine, for two additional exchanges: MIAX Emerald, LLC and the MIAX Equities Exchange.

With this expansion, OneTick will be a key component of the surveillance and data analytics solution MIH uses for all of its exchanges.

OneTick is a specialized time series ‘tick’ database that provides firms with the ability to analyze and process data with greater sophistication by capturing, compressing, archiving and providing access to global real-time and historical data, up to and including the latest tick. It has no limitations on data volumes, peak rates or length of stored history and collects level one and full order book data across all asset classes, including options.

“OneTick is a trusted solution in the market and following its success on our other platforms there was no question we would turn to OneMarketData again for MIAX Emerald and MIAX Equities,” said Randy Foster, Senior Vice President - Business Systems Development of MIH. “Their track record speaks for itself and with their support the OneTick tick data management system will ensure our exchange continues to provide best-in-class surveillance, compliance and customer support solutions.”

“We are thrilled to expand our relationship with MIAX, having worked with them for two years this is a true testament to our capabilities and trust that MIAX has with OneTick,” said Ross Dubin, Global Head of Sales at OneMarketData. “As OneTick continues to evolves we look forward to developing our relationship with MIAX and exploring further opportunities with the exchange.”
Contributed | what does this mean?
This content is contributed or sourced from third parties but has been subject to Finextra editorial review.

Comments: (0)

Featured job
All Jobs »