Princeton, NJ - OneMarketData (OMD), the provider of tick data management and analytics, has announced that Miami International Holdings (MIH) has chosen OneTick, OneMarketData's proprietary tick capture and streaming analytics engine, for its second electronic U.S. options exchange, MIAX PEARL (PEARL).
The new exchange, expected to go live in February 2017, will leverage infrastructure and risk tools to employ a maker/taker pricing, price/time allocation model.
OneTick is a proprietary time-series database which combines event stream processing and tick data management. OneTick provides firms with the ability to analyze and process data by capturing, compressing, archiving and providing access to 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.