ICE and OneMarketData partner on data and analytics service
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ICE and OneMarketData partner on data and analytics service 12 September 2018New York Reporter: Becky Butcher
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Intercontinental Exchange revealed that ICE Data Services will offer an on-demand tick data and analytics service, utilising OneMarketData’s OneTick platform.
This service will be provided over the ICE Consolidated Feed, which delivers aggregated real-time data and content from over 600 global sources.
As part of the agreement, OneTick analytics will be hosted by ICE Data Services and powered for customers with the ICE Consolidated Feed. It will offer a cost-effective, on-demand data platform, integrated with low-latency access to normalised information from global markets.
Lynn Martin, president and COO of ICE Data Services, said: “Our Consolidated Feed gives customers a single, normalised source of data from markets around the world. With the addition of OneTick, we’re able to provide an enhanced hosted solution for real-time and historical tick data and analytics to help power customers’ pre-trade models and quantitative trading strategies.”
Jeff Banker, senior vice president at OneMarketData, added: “The industry is seeing an increasing need for real-time and historical tick data to help ensure regulatory obligations are met and optimising trading algorithms.”
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