NBBO

The Future of Data: Options Shines as Industry Leader in Global Delivery and Seamless 100Gb OPRA Data Feed Migrations

Retrieved on: 
Thursday, September 7, 2023
Software, Networks, Internet, Finance, Data Management, Professional Services, Technology, Security, Partnership, Capital market, Engineering, NBBO, API, Options Price Reporting Authority, Multimedia, FR2, Option, OPRA, AI, TCO, SVP, Private equity firm, News, Security (finance)

Options Technology , the leading Capital Markets services provider, today announced its global client delivery of the U.S. Options market data feed in Frankfurt FR2

Key Points: 
  • Options Technology , the leading Capital Markets services provider, today announced its global client delivery of the U.S. Options market data feed in Frankfurt FR2
    This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20230907186209/en/
    Options today announced its global client delivery of the U.S. Options market data feed in Frankfurt FR2
    By delivering OPRA NBBO (Options Price Reporting Authority – National Best Bid and Offer) in Equinix Frankfurt FR2, Options Technology now provides its clients with access to the most accurate and up-to-date information on US Options markets.
  • Options provides clients with consolidated access to global market data sources across multiple asset classes, alongside hosted trading infrastructure and direct connectivity to counterparties in the wider capital markets ecosystem.
  • This investment has enabled Options to accelerate its growth strategy and develop its technology platform whilst expanding its reach in key financial centres globally.

Databento Adds US Equities Options to its Data-as-a-Service (DaaS) Offering

Retrieved on: 
Thursday, September 7, 2023
SPX, SPIKE, NBBO, OPRA, API, Equinix, Data, SALT, Security (finance)

The OPRA (Options Price Reporting Authority) dataset provides consolidated trades and NBBO across US options venues, covering all 16 national exchanges.

Key Points: 
  • The OPRA (Options Price Reporting Authority) dataset provides consolidated trades and NBBO across US options venues, covering all 16 national exchanges.
  • This includes not only options on single name equities, but also on indices, e.g., Cboe VIX options, SPX options, and certain volatility benchmark indices like SPIKE and VSPKE.
  • Christina Qi, Databento CEO, shared her excitement for the release, "We're proud to offer easy access to OPRA data via web or API.
  • Users can now customize options data in addition to our equities and futures datasets for any use case.

SEC Approves IntelligentCross ATS as New Entrant to FINRA’s Alternative Display Facility

Retrieved on: 
Thursday, August 24, 2023
Fintech, Professional Services, Finance, FINRA, ATS, NBBO, Commission, Commonwealth of Australia (US securities entity), ASPEN, SIP, NMS, Financial adviser, Cryptocurrency

IntelligentCross®, a leading US equities ATS1, today announced that the US Securities and Exchange Commission (“SEC” or “Commission”) has approved a FINRA proposed rule change to add IntelligentCross ATS as a new entrant to the FINRA Alternative Display Facility (“ADF”).

Key Points: 
  • IntelligentCross®, a leading US equities ATS1, today announced that the US Securities and Exchange Commission (“SEC” or “Commission”) has approved a FINRA proposed rule change to add IntelligentCross ATS as a new entrant to the FINRA Alternative Display Facility (“ADF”).
  • Roman Ginis, Founder and CEO of Imperative Execution, the parent company of IntelligentCross ATS, said: “Imperative Execution applauds the staff of the SEC for its approval of the FINRA-proposed rule change.
  • This decision is a win for all investors.
  • We look forward to working with the Commission, FINRA, and all market participants to ensure a smooth implementation process.”
    Today, the IntelligentCross ASPEN displayed market data feed (“IQX”) is available free of charge.

Options Technology Becomes First Market Data Provider to Deliver OPRA Data Feed into Frankfurt FR2

Retrieved on: 
Wednesday, April 26, 2023
Technology, Finance, Security, Fintech, Accounting, Professional Services, Software, Networks, Data Management, Capital market, NBBO, API, Options Price Reporting Authority, Multimedia, SOC, Derivatives market, FR2, Option, OPRA, TCO, Private equity firm, News, Video game, Renewable energy, Security (finance)

Options Technology , the leading Capital Markets services provider, today announced the successful onboarding of the U.S. Options market data feed in Frankfurt FR2.

Key Points: 
  • Options Technology , the leading Capital Markets services provider, today announced the successful onboarding of the U.S. Options market data feed in Frankfurt FR2.
  • View the full release here: https://www.businesswire.com/news/home/20230426005551/en/
    Options Unveils Access to a Major Derivatives Market in Frankfurt FR2 (Graphic: Business Wire)
    By delivering OPRA NBBO (Options Price Reporting Authority – National Best Bid and Offer) in Equinix Frankfurt FR2, Options Technology can now provide its clients in Europe with access to the most accurate and up-to-date information on US Options markets.
  • Danny Moore , Options President and CEO, commented, “We are delighted to be the first market data and infrastructure provider to offer OPRA NBBO in Equinix Frankfurt FR2, giving our clients in Europe access to the most comprehensive and reliable information on US Options markets.
  • This investment has enabled Options to accelerate its growth strategy and develop its technology platform whilst expanding its reach in key financial centres globally.

Pico’s Data Science Team Analyzes IntelligentCross ASPEN for Price Improvement, Performance Quality and Market Impact

Retrieved on: 
Monday, March 20, 2023
Technology, Finance, Security, Fintech, Professional Services, Software, Data Analytics, Data Management, Other Professional Services, NBB, NBBO, Russell, ASPEN, Cryptocurrency

*Average difference to NBB / NBO (strictly inside) shows the same average taken over periods when the ASPEN quote is strictly better than the NBBO quote.

Key Points: 
  • *Average difference to NBB / NBO (strictly inside) shows the same average taken over periods when the ASPEN quote is strictly better than the NBBO quote.
  • We’re pleased to see that the goals we have for improving execution quality are being demonstrated in these measurable ways.
  • Pico’s analysis of IntelligentCross ASPEN orders demonstrated that they display prices superior to the NBBO more than ten percent of the time for S&P 500 stocks, and the post-trade data at various time increments shows lower market impact versus the market overall.
  • The IntelligentCross ASPEN displayed market data feed (IQX) is available free of charge.

Interactive Brokers Unveils New Feature to Help Clients Achieve Even Better Price Execution on US Options Trades

Retrieved on: 
Tuesday, January 31, 2023
Banking, Professional Services, Finance, IB, Adviser, NBBO, IBKR, National best bid and offer, Interactive Brokers, Sales, Auction, Financial services

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of its new IBUSOPT order destination.

Key Points: 
  • Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of its new IBUSOPT order destination.
  • With the dramatic increase in retail options trading, Interactive Brokers has launched this new order destination to help its retail and institutional clients achieve better price execution on their options trades.
  • The IBUSOPT destination helps traders execute options trades more efficiently and effectively and helps achieve better executions by providing traders with more control over their trades by supporting different order types.
  • IBUSOPT is available to all Interactive Brokers clients, including individual investors, advanced traders, Financial Advisors, Hedge Funds, and other institutional clients.

Element Funds Brings Experience Managing $13 Billion in Private Equity Natural Resources Investments to Pure-Play ETF Debut

Retrieved on: 
Thursday, December 29, 2022
Lithium, Element, Mineral, Commodity, Adviser, NBBO, ETF, Investment, Fund, Nickel, International, Knowledge, Prospectus, Risk, NAV, Weather, Agriculture, Security (finance), Cobalt, Copper

NEW YORK, Dec. 29, 2022 /PRNewswire/ -- Element Funds, a new investment firm founded to provide  investors institutional quality access to the critical metal inputs at the core of the renewable economy, today announced the launch of its inaugural Element EV, Solar & Battery Materials (Lithium, Nickel, Copper, Cobalt) Futures Strategy ETF (NYSE: CHRG).

Key Points: 
  • This and other important information about the Fund is contained in the Prospectus, which can be obtained by calling 1-800-617-004 or visiting www.elementfunds.com .
  • Investment in emerging market securities involves greater risk than that associated with investment in foreign securities of developed foreign countries.
  • Investments in securities of these companies involve greater risks than do investments in larger, more established companies.
  • The Element EV & Solar Battery Materials (Lithium, Nickel, Copper, Cobalt) Futures ETF is distributed by Quasar Distributors, LLC.

KraneShares Launches Electrification Metals ETF (NYSE: KMET)

Retrieved on: 
Thursday, October 13, 2022
Carbon, Benchmark, S&P Global, Adoption, Time, Subsidiary, Metal, Fund, New, Risk, SEC, Government, Loss, Cayman Islands, Growth, Investment, Nickel, LLC, Commodity Exchange Act, Financial adviser, Contract, Research, IRENA, ETF, KMET, Lithium, Investment Company Act of 1940, Ticker, EVS, Industry, EV, Cobalt, Zinc, Aluminium, Copper, Wind, Overalls, International Renewable Energy Agency, NBBO, Accounting, Prospectus, Index Fund Advisors, SIDCO, Bloomberg, Reuters, Solution, CFTC, Compliance, NAV, Leadership, Renewable energy, Life insurance, Security (finance), Index

We believe now is the time to invest in these electrification metals as demand is poised to accelerate into the energy transition."

Key Points: 
  • We believe now is the time to invest in these electrification metals as demand is poised to accelerate into the energy transition."
  • "KMET is a timely expansion of the KraneShares Climate Investment suite, which has quickly evolved from our flagship KraneShares Global Carbon Strategy ETF (Ticker: KRBN) to include regional carbon markets, energy transition equities, and now electrification metals," said Jonathan Krane, Chief Executive Officer at KraneShares.
  • We are proud to launch the KraneShares Electrification Metals ETF (Ticker: KMET), which provides unique exposure to a key component of this opportunity and furthers KraneShares' leadership in the space."
  • For additional information on the KraneShares Electrification Metals ETF (Ticker: KMET), contact your financial advisor or visit kraneshares.com/KMET .

KraneShares Launches S&P Pan Asia Dividend Aristocrats ETF on NYSE (Ticker: KDIV)

Retrieved on: 
Thursday, September 15, 2022
Index Fund Advisors, Loss, Gross domestic product, Fund, Lists of disasters, S&P Dow Jones Indices, Carbon, Time, UN, BID, Risk, LLC, Dividend aristocrat, Dow Jones, CICC, Funding, NAV, United Nations, Contract, KWEB, S&P, Growth, Investment, China International Capital Corporation, Industry, International Monetary Fund, ETF, GDP, NBBO, Standard, Company, S, Financial services, Financial adviser, South Korean IMF (International Monetary Fund) Agreement,1997, Importance, New, Research, Prospectus, Responsibility, Ticker, Index, SIDCO, Principles for Responsible Investment, Holding company, Life insurance, Security (finance), Pan-Asia

"KDIV is a timely expansion of KraneShares' China and global ETF suite, which includes the $6.7bn KraneShares CSI China Internet ETF (KWEB)3 .

Key Points: 
  • "KDIV is a timely expansion of KraneShares' China and global ETF suite, which includes the $6.7bn KraneShares CSI China Internet ETF (KWEB)3 .
  • KDIV is also the first US-listed ETF to apply the S&P Dividend Aristocrats methodology to the Pan Asia region4," said Jonathan Krane, Chief Executive Officer at KraneShares.
  • KDIV applies this methodology to the Pan Asia region, an area we are particularly focused on at KraneShares," said Brendan Ahern, KraneShares Chief Investment Officer.
  • For additional information on the KraneShares S&P Pan Asia Dividend Aristocrats ETF (Ticker: KDIV), contact your financial advisor or visit kraneshares.com/kdiv .

KraneShares Global Carbon Offset ETF (KSET) Now Tracks S&P Dow Jones Index

Retrieved on: 
Monday, August 1, 2022
Carbon, Cayman Islands, Dow Jones, Registry, Wind, Financial adviser, Atmosphere, New, Subsidiary, CME Group, Goldman, S&P Dow Jones Indices, Commodity Exchange Act, LLC, GHG, KSET, Commodity, SIDCO, GSCI, Investment, CFTC, NAV, BID, Research, Standard, Compliance, Real assets, Climate change, Prospectus, Farm, Growth, Exchange-traded fund, Ticker, ETF, Industry, Fund, SEC, VCM, S, GEOS, Risk, NBBO, Time, Goldman Sachs, History, Partner, S&P, IHS Markit, Loss, Investment Company Act of 1940, S&P Global, Overalls, Contract, Financial services, Iron ore, Renewable energy, Life insurance, Security (finance), Index

KSET, listed on the New York Stock Exchange on April 27 this year, is the first US-Listed ETF to track the global Voluntary Carbon Markets (VCM)1, which is complementary to the global carbon allowance markets tracked by KraneShares' flagship global carbon ETF (KRBN).

Key Points: 
  • KSET, listed on the New York Stock Exchange on April 27 this year, is the first US-Listed ETF to track the global Voluntary Carbon Markets (VCM)1, which is complementary to the global carbon allowance markets tracked by KraneShares' flagship global carbon ETF (KRBN).
  • "Previously, KraneShares and IHS Markit, which is now part of S&P Global, made history when we launched the KraneShares Global Carbon Strategy ETF (KRBN).
  • The governing bodies overseeing the registration and verification of carbon offset projects are called carbon offset registries.
  • For additional information on the KraneShares Global Carbon Offset Strategy ETF (Ticker: KSET), contact your financial advisor or visit kraneshares.com/KSET .