Neonet provides NASDAQ OMX with European Consolidated Market Data
First Published Wednesday, 1 July 2009 from Automated Trader : EMS News
Neonet's European Consolidated Market Data powers NASDAQ OMX's Market Replay Europe
Simon Nathanson, President and CEO, Neonet: "By bringing relevant high speed market data into one consolidated order book, we eliminate the challenges related to market fragmentation and improve the market transparency."
Neonet, the provider of agency brokerage services and trading technology, has announced that its European Consolidated Market Data powers NASDAQ OMX's analysis tool Market Replay Europe.
Market Replay Europe allows users to view data from major European execution venues at any point in time. The tool is powered by market data collected and presented in Neonet’s Consolidated European Order Book. Neonet delivers high quality market data, tapped directly from connected exchanges’ and execution venues’ order books and fed through high-speed circuits to deliver a low-latency feed to clients.
In addition to the NASDAQ OMX Group, Neonet provides market data to the multi-lateral trading facility Turquoise, as well as to banks and brokerage firms throughout Europe.
“By bringing relevant high speed market data into one consolidated order book, we eliminate the challenges related to market fragmentation and improve the market transparency. By these means, Neonet helps market participants to ensure efficient market operations”, said Simon Nathanson, President and CEO of Neonet. “The agreement with NASDAQ OMX shows that it is important for leading exchanges, MTFs and other market participants with high-quality, high-speed market data.”
- BATS selects QuantHouse for market data
Paul O'Donnell, COO, BATS Europe: "We are pleased to provide a dual-live system with a superior quality of service to our participants by leveraging market data software technologies developed by QuantHouse." QuantHouse, the provider of low latency trading solutions, has announced that Bats Europe has selected QuantHouse to supply real-time feeds of market data from other European trading venues.
Pierre-François Filet, CEO & co-Founder of QuantHouse, commented:"Adding to existing agreements, this contract further demonstrates QuantHouse's strength in serving MTFs and low latency sensitive trading firms....continued - Turquoise's TQ Lens extended to UK stocks
David Lester, Chief Executive Officer, Turquoise: "TQ Lens represents an innovative solution to the fragmentation of non-displayed liquidity." Turquoise has announced that TQ Lens, its liquidity aggregation and order routing service, has been extended to include UK stocks.
Launched in August 2009, TQ Lens routes and distributes non-displayed orders to networks of connected liquidity partners, which include Bank of America Merrill Lynch, CA Cheuvreux, Citadel Securities, Citi, Deutsche Bank, and Nomura, whilst also providing access to the liquidity of non-displayed MTFs.
This extension of TQ Lens enables members to trade UK listed securities in the same way as stocks from 16 other main European markets, gaining centralised, neutral and anonymous access to sources of non-displayed liquidity....continued - BATS Multicast PITCH service available via Atrium Network
Emmanuel Pellé, Executive Director, Atrium Network: “We are delighted to add connectivity to such an important US venue.”
Atrium Network and BATS Exchange have announced the availability of Multicast PITCH, BATS’ real-time depth-of-book data feed, via Atrium Network’s Exchange Ring, which offers dark fibre connectivity to Exchanges, MTFs and ECNs.
Atrium Network offers connectivity to BATS Exchange for ultra low latency trading and data delivery....continued
More Like This...
