NYSE Technologies and CMC Markets to implement OneTick
First Published Monday, 14th December 2009 from Automated Trader : Data News
CMC selects OneTickTM tick capture and time-series analysis application
Tony McManus, Head of Trading Solutions at NYSE Technologies: "NYSE Technologies is pleased to work with a world renowned firm like CMC."
NYSE Technologies, the commercial technology division of NYSE Euronext (NYX) has announced that CMC Markets, the provider of spread betting trading strategies, has selected the OneTickTM tick capture and time-series analysis application.
"NYSE Technologies is pleased to work with a world renowned firm like CMC to develop and implement a state-of-the-art data analysis tool that will offer CMC customers the ability to act upon the deepest, most flexible market information available," said Tony McManus, Head of Trading Solutions at NYSE Technologies. "OneTick is designed to consistently and reliably provide customers with superior access to current and historical market information to maximize their algorithms and trading strategies."
"As one of the top spread-betting firms, we are focused on securing the lowest latency market data service and tick capture solution available and we've found that in the OneTick product and NYSE Technologies," said Asif Adatia, CIO, CMC Markets. "We use exchange market data internally to create a CMC price that is then quickly and efficiently distributed to our clients. NYSE Technologies helps us create the most competitive price with the best spreads across multiple exchanges and products."





