Miami International Holdings Deploys OneTick for MIAX Emeraldand MIAX Equities

 

OneMarketData News

 

Miami International Holdings Deploys OneTick for MIAX Emberaldand MIAX Equities

 

New York, October 29, 2018: OneMarketData, LLC, the creators of OneTick, the leading solution for event stream processing and Tick Data management, today announced that Miami International Holdings, Inc. (MIH) has chosen OneTick, OneMarketData’s proprietary high-performance tick capture and streaming analytics engine, for two additional exchanges: MIAX Emerald, LLC andthe MIAX Equities Exchange.With this expansion,OneTick will be a key component of the surveillance and data analytics solution MIH uses for all of its exchanges.

OneTick is a specialized time series ‘tick’ database that provides firms with the ability to analyze and process data with greater sophistication by capturing, compressing, archiving and providing access to global real-time and historical data, up to and including the latest tick. It has no limitations on data volumes, peak rates or length of stored history and collects level one and full order book data across all asset classes, including options.

“OneTick is a trusted solution in the market and following its success on our other platforms there was no question we would turn to OneMarketData again for MIAX Emerald andMIAX Equities,” said Randy Foster, Senior Vice President – Business Systems Development ofMIH. “Their track record speaks for itself and with their support the OneTick tick data management system will ensure our exchange continues to provide best-in-class surveillance, compliance and customer support solutions.”

“We are thrilled to expand our relationship with MIAX, having worked with them for two years this is a true testament to our capabilities and trust that MIAX has with OneTick,”said Ross Dubin, Global Head of Sales at OneMarketData.“As OneTick continues to evolves we look forward to developing our relationship with MIAX and exploring further opportunities with the exchange.”

About MIAX Options and MIH

Miami International Securities Exchange, LLC (MIAX Options) is a fully electronic options trading exchange and wholly-owned subsidiary of Miami International Holdings, Inc. (MIH). MIAX Options currently lists and trades options on approximately 2,800 multi-listed classes. MIAX Options’ unparalleled system throughput is approximately 38 million quotes per second. The average latency for a single quote on MIAX Options is approximately 17.56 microseconds for a full round trip. At the 99th and 99.9th percentiles, the latency on MIAX Options is approximately 25.69 and 57.67 microseconds, respectively. MIAX Options is part of the MIAX Exchange Group along with MIAX PEARL, LLC (MIAX PEARL), MIH’s second options exchange.

The MIAX Exchange Group has assembled a team with deep rooted experience in developing, operating and trading on options exchanges, and its trading platforms have been developed in-house and designed from the ground up for the unique functional and performance demands of derivatives trading. MIAX Options and MIAX PEARL leverage the MIAX Exchange Group’s industry leading technology and infrastructure to provide their member firms with both traditional (MIAX Options) and maker-taker (MIAX PEARL) pricing structures. The MIAX Exchange Group’s executive offices and National Operations Center are located in Princeton, NJ. The MIAX Exchange Group also maintains a Miami Operations Center in Miami, Florida, which contains the Miami Annual Meeting and Conference Center and the offices of MIAX Technologies and MIAX Global.

In addition to MIAX PEARL and MIAX Options, MIH is the parent holding company of Miami International Technologies, LLC (MIAX Technologies), MIAX Global, LLC (MIAX Global) and MIAX Emerald, LLC (MIAX Emerald). MIAX Technologies is MIH’s technology subsidiary for the sale and/or license of the trading technology developed by the MIAX Exchange Group. MIAX Global focuses on merger, acquisition and joint venture activities of MIH. MIAX Emerald is MIH’s third options exchange and is expected to launch in Q1 2019, pending SEC approval.

MIH Corporate Communications Contact: Dominique Prunetti-Miller,              (609) 897-1465, dprunetti@miami-holdings.com

About OneMarketData

OneMarketData is a leading provider of software solutions for the financial industry. Our OneTick platform is a smarter data management solution to get you in the game now. OneTick is a comprehensive suite for time-series data management, real-time event processing and analytics to address the most demanding requirements. Equity, Futures and Options proprietary traders, hedge funds, asset managers and investment banks can leverage the built-in capabilities of OneTick for quantitative research, transaction cost analysis, surveillance and back testing. Built by Wall Street experts, the OneTick suite of products is an enterprise-wide tick data capture and storage solution offering analytical modelling tools, global history across equities and futures markets and reference data. In 2015, OneMarketData acquired Tick Data, LLC, the first and leading provider of historical intraday market data, to marry the industry’s most powerful analytics platform with the cleanest, most reliable historical intraday data available. More information about OneMarketData is available at www.onetick.com.

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