Vela Expands SuperFeed with Additional Asia Pacific Markets
SYDNEY & PUNE, India & MANILA, Philippines--(BUSINESS WIRE)--Sep 19, 2018--Vela, a leading independent provider of trading and market access technology for global multi-asset electronic trading, announced the addition of key Asia Pacific (APAC) exchanges to SuperFeed, Vela’s normalized Market Data Feed. This continues Vela’s expanded presence in the region, providing new ways to access and trade both local and global markets.
The initial implementation will deliver APAC exchange data to existing locations in Europe and North America. The exchanges being added to Vela’s SuperFeed include major futures and options markets within the region, specifically ASX24, Hong Kong Exchange, National Stock Exchange of India, Osaka Stock Exchange, and Singapore Stock Exchange, with further markets due to be added in 2019 as well as access points within the region.
Vela’s SuperFeed provides low-latency, normalized data without the need for any client infrastructure, delivering the levels of performance, availability and reliability required of a trading quality market data feed. The addition of these new markets complements the more than 100 markets and data sources already available on SuperFeed, covering all major North American and European markets and the recently-added cryptocurrency coins and tokens from CoinMarketCap.
Ollie Cadman, Global Head of Product Management and Business Operations at Vela, commented, “Vela has always had good Asian market data and trading software coverage, dedicated regional support, and a growing number of clients within APAC.” Adding, “More recently, we have seen an increase in demand for data and access to APAC services from within the region and the wider international trading community as clients deploy more global strategies and seek new opportunities outside of their traditional home markets.”
This expansion is part of a wider plan to provide more in-region access to Vela services, including its Market Data Feed and DMA Platform. Throughout the remainder of 2018 and into 2019, additional access points including new in-region deployments of the DMA Platform within Exchange Co-location sites –starting with Tokyo – will be installed.
Vela is a leading independent provider of trading and market access technology for global multi-asset electronic trading. Our software enables clients to successfully execute on their trading strategies and manage risk across multiple fragmented markets, liquidity pools, and data sources. We help firms successfully differentiate and innovate in an ever-changing, increasingly-regulated and fiercely-competitive landscape, while also reducing total cost of ownership.
Vela’s ticker plant, execution gateways, trading platform, and risk and analytics software deliver a unique, ultra-low latency technology stack for electronic low-touch and Direct Market Access (DMA) execution and pricing. We leverage the latest innovations in technology to deliver cutting-edge performance, features and reliability. Our modular stack is accessed through a single set of trading, data and risk APIs and can be delivered as-a-Service from multiple co-location data centers globally.
With access to more than 250 venues, Vela provides global coverage across all major asset classes. Clients are supported by an award-winning team of technical and business experts available 24x7 from our multiple offices in the US, Europe, and Asia. Vela’s clients include traders, market makers, brokers, banks, investment firms, exchanges, and other market participants.
Visit us at www.tradevela.com. Follow us on Twitter @TradeVela.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180919005154/en/
The Realization Group
Melanie Budden, +44 7974 937970
KEYWORD: AUSTRALIA UNITED KINGDOM UNITED STATES EUROPE ASIA PACIFIC NORTH AMERICA AUSTRALIA/OCEANIA PHILIPPINES SINGAPORE NEW YORK HONG KONG INDIA IRELAND JAPAN
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PUB: 09/19/2018 04:00 AM/DISC: 09/19/2018 04:01 AM