OneMarketData, LLC (OMD), a key player in tick data management and analytics, recently revealed that ECXX, an asset based digital securities exchange, has chosen OneTick Trade Surveillance.
ECXX is a digital asset exchange platform developed for professional traders and accredited investors, enabling clients to purchase and sell digital assets. By running on its exchange platform, ECXX can manage an ecosystem with “high-liquidity” and aims to offer trustable and secured digital asset trading services.
OneTick Trade Surveillance was developed to manage massive market data and order flow volumes and gives client confidence that they will address their regulatory requirements even during periods of peak market activity.
It provides the scalability, reliability, flexible support, adaptability, user customization and ease of use financial institutions require in a cost-effective package.
From data capture to case management and all things in between, OneTick Trade Surveillance claims to offer a comprehensive solution for international financial institutions. Major banks, brokers, buy-side companies, and other financial institutions use OneTick Surveillance to take care of their regulatory and compliance needs.
Dermot Harriss, SVP of Regulatory Solutions at OneMarketData, stated:
“ECXX’s vision to become the world’s leading digital asset exchange makes them the ideal customer for OneTick Trade Surveillance. OneTick has been deployed by the world’s leading exchanges to meet regulatory requirements across multiple asset classes and global jurisdictions. By deploying OneTick, ECXX will benefit from the same technology that leading traditional exchanges use to meet the most complex and stringent global regulatory requirements.”
OneTick Trade Surveillance assists companies with addressing the requirements of regulatory regimes across the globe, including SEC / FINRA, CFTC, MAR, ASIC, and IIROC. The solution offers an integrated, real-time examination of order flow with exceptions, cross-market alerting based on correlations, alert calibration, alert workflow management, and orderbook replay.
It is asset class-agnostic and has clients across FX, equities, futures, CFDs, FI, and options. The Cloud-powered offering includes global equities, options, futures, and FX market data. Users may investigate the alerts in browser-based dashboards and design custom compliance workflows to meet regulatory and internal reporting obligations.
The solution may be deployed in-house or fully hosted and managed by OMD.
