CHICAGO--(BUSINESS WIRE)--Nanotick, a joint offering of Direct Market Access software provider Onix Solutions and proximity hosting and market data provider VDIware, today announced an on-demand high-resolution historical market data service for the Chicago Mercantile Exchange (CME) that eliminates the need to implement and maintain costly internal market data storage systems. The new offering will be demonstrated at the Futures Industry Association (FIA) Expo in Chicago November 5-7.
The Nanotick solutions provide extracted artifacts of historical market data feeds for four specific use cases:
- Nanotick | Raw for firms who need network level wire-tap data for their own, or third party, solutions for building order book images.
- Nanotick | Replay provides an exact simulation with full order book for integration and backtesting automated trading strategies.
- Nanotick | BBO includes .csv artifacts for the analysis of bid and offer quotes on specific instruments against time.
- Nanotick | Trades provides .csv artifacts for analysis of trades occurring on specific instruments at specific times.
One of the unique features of Nanotick data is that every message is time-stamped using GPS hardware with nano-second precision. The capture data is then post-processed to ensure that the time and sequencing accurately reflects the state of the market, thus making the data ideal for time-based analytics due to its precision and consistency.
“High-precision, time-stamped market data is a must have for any trading firm,” said Patrick Rams, Director at VDIware. “With Nanotick, firms can focus on trading instead of the cost and time in building a market data infrastructure.”
“Our customers prosper, or not, based on the trading strategy analytics and intelligence that they apply to market data – therefore the quality and integrity of that data is key,” said Wayne Meikle, Commercial Director at OnixS. “Nanotick provides firms with cost-effective, high-quality, easy-to-integrate and consume access to the necessary historical data. We designed the Nanotick CME data offerings as a natural extension to our existing Direct Market Access implementations.”
Nanotick, a joint offering of Direct Market Access software provider Onix Solutions and proximity hosting and market data provider VDIware, provides an on-demand high-resolution historical market data service for the CME that eliminates the need to invest time and money in implementing and maintaining internal market data storage systems. For more information visit www.nanotick.com.
About Onix Solutions
Onix Solutions Limited [OnixS] is a financial software provider of high-performance, multi-platform, multi-venue Direct Market Access [DMA] market data and order routing software solutions. For more information visit www.onixs.biz.
VDIware is a proximity hosting and market data provider for financial firms. We specialize in providing and supporting high frequency, low latency trading infrastructures utilizing our global proximity services. Our proximity services include: exchange colocation, direct market access, high precision time service, post trade flow analysis, historical market data with proprietary replay technology, financial cloud servers, 24x7 support and monitoring. For more information visit www.vdiware.com.
Follow Nanotick on Twitter, @nano_tick, and Linked In, www.linkedin.com/company/nanotick.