New data and analytics solution for Aequitas NEO Exchange
Canada’s newest stock exchange, Aequitas NEO Exchange, has implemented the hosted version of OneTick platform, supplied by OneMarketData. The new platform underpins the exchange’s data and advanced analytics service, OneTickCloud.
OneTickCloud supports global equities and futures tick history, reference data, and adjustment factors, and provides on-demand analytics for creating custom datasets.
Karl Ottywill, COO at Aequitas NEO Exchange, describes OneMarketData’s offering as “comprehensive” and “an obvious solution for us to gain visibility into market microstructure”. The vendor’s market reputation and reliability “made it an easy decision” to partner with it, Ottywill adds.
Aequitas NEO Exchange opened for business in spring last year, with a platform focused on long-term investors and issuers. The new venue launched with some unusual features – designed to help keep unwanted high-frequency traders (HFT) at bay.
Technology-wise, the exchange is underpinned by the MillenniumIT trading platform, built by the London Stock Exchange’s Sri Lanka-based IT subsidiary.