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ACTIV partners with Aequitas NEO Exchange

First Published 13th April 2015

ACTIV Financial announces partnership with new Canadian stock market NEO Exchange.

Frank Piasecki, ACTIV

Frank Piasecki, ACTIV

"The NEO Exchange NITCH feed is the latest addition to ACTIV's global suite of feed handlers for global equities, options commodities, and currency markets."

New York- ACTIV Financial, the provider of real-time, multi-asset financial market data and solutions, has announced the expansion of its North American data feed coverage through an alliance with new Canadian stock market NEO Exchange.

The NEO Exchange is a new Canadian stock exchange that will offer trading, public listings, and data services through its alliance with ACTIV and other Technology Services providers.

"ACTIV will support the full range of market data features of the NEO Exchange," says ACTIV president Frank Piasecki. "The NEO Exchange NITCH feed is the latest addition to ACTIV's global suite of feed handlers for global equities, options commodities, and currency markets."

The NEO Exchange officially launched trading on March 27, 2015.

The NEO Exchange will work to enhance liquidity and transparency in TSX and TSXV listings, in addition to its own listed securities. The NEO-listing service will launch in the second quarter of 2015, at which point capital-raising companies will be able to obtain approval and go public on the NEO Exchange.

The NEO feed handler, known as "NITCH," will provide traders with order visibility into its Lit Book and market by price visibility into its unique NEO Book. The NITCH feed will also deliver trade reports from its crossing facility and dark book when launched in 2016.

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