08 July 2009 News

 

NYSE Technologies secures OneTick deal with Man Group

The AHL division of Man Group has selected NYSE Technologies' OneTick to try and meet the needs of its multi-asset class research groups.

OneTick, a tick capture and time-series analysis program specifically addresses the tick data needs across an entire business enterprise including algorithmic and low-touch trading, pre and post-trade analysis and statistical arbitrage. The system will be used by AHL's research groups based in London and Oxford.

OneTick reportedly has the ability to build a consolidated same currency views across multiple execution venues. Other features include handling of corrections and cancellations; reference data integration; a comprehensive range of quantitative analytics; support for Reg. NMS and MiFID reporting needs. The system is said to be extensible using mainstream non-proprietary development languages such as C++, Java, and C# .NET and data can also be extracted using ANSI standard SQL via its ODBC interface.

"Recent regulatory changes, combined with increasingly sophisticated model-driven research and trading techniques, have created an insatiable appetite for high performance, next-generation historical data analysis systems," remarked Tony McManus, global head for Trading Solutions at NYSE Technologies. "OneTick is built by statistical arbitrage and algorithmic trading veterans to specifically address these particular challenges and its adoption for AHL's strategically important and mission critical system is testament to its market strength."