The Gateway to Algorithmic and Automated Trading

Skyler Signs IG Group for its European C3 Aggregation Solutions

First Published 1st January 1970

IG Group selects Skyler to aggregate trade, quote and full depth order book information across exchanges and MTFs

Skyler Technology Europe Ltd has announced that the IG Group has selected Skyler's C3TM Liquidity Discovery Solutions to more efficiently navigate Europe's increasingly fragmented liquidity landscape. IG Group will deploy Skyler's Solutions to aggregate trade, quote and full depth order book information across exchanges and multilateral trading facilities (MTFs).

IG Group will use this aggregated information to power different execution systems as well as GUI based trading clients. Skyler's solutions will aggregate the market data information across the European equity landscape and manage symbology mapping, aggregation logic, feed source switching and multiple data output formats in a fast, flexible and configurable way. Skyler's C3 Liquidity Aggregation Solutions will ensure normalised, reliable, up-to-date and actionable data to be informed of the best prices and available liquidity at all times.

Valerie Bannert-Thurner, Managing Director, Skyler Technology Europe said: "We are excited to be helping IG Group leverage the opportunities available from the new MTFs across Europe. With Skyler's centralised aggregation service, IG Group will be well-positioned to gain stronger insights into Europe's increasingly fragmented liquidity while easing the burden of market data specific logic on their trading systems. As a result, issues with trading states or data quality and reliability will become obsolete."

Alastair Hine, Chief Information Officer, IG Group commented: "We are committed to delivering the best possible trading solution to our customers and are therefore delighted to work with Skyler to achieve our goals."