USE empanels Marketplace Tech and Omnesys Tech as ISV

Software to trade on multiple exchange platforms on the same screen

PTI | July 8, 2010



United Stock Exchange of India Ltd (USE) today announced the empanelment of Marketplace Technologies and Omnesys Technologies, leading providers of front office trading solutions as Independent Software vendors (ISV).

USE members will now have an additional option to get the trading software from Marketplace Technologies or Omnesys Technologies, an exchange statement said here.

Marketplace Technologies, a 100 per cent subsidiary of Bombay Stock Exchange Limited is already ready with the software and Omnesys Technologies will shortly roll out their solution as well.

Omnesys Technologies, in which the NSE holds 26 per cent stake through a subsidiary, is a leading provider of complete integration solutions.

These software solutions will allow the members to view and trade on multiple exchange platforms on the same screen. This will encourage market participants to implement trading strategies like arbitrage etc.

"The empanelment of Omnesys Technologies and Marketplace Technologies as ISV's, which will help us in providing easy access of USE trading platform to the member community, thus enabling more liquidity and participation.

Through this we aim to give our customers a world class user experience, " USE's MD & CEO, T S Narayanasami said.

 

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