Vela Adds Major Exchanges of APAC Region to its SuperFeed

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

Vela

Provider of Market and Trading Technologies, Vela Adds Major Exchanges of APAC Region to its SuperFeed

September 19, 2018

Hong Kong ExchangeVela, an independent provider of trading and market technologies to global multi-asset brokerages has announced the addition of Asia Pacific (APAC) exchanges to its SuperFeed. SuperFeed is Vela’s normalized Market Data Feed. This allows brokerages to get new ways of access to both domestic and global markets.

Initially, it will deliver APAC exchange data to existing locations in Europe and North America. It has added all the major futures and options markets within the region in its SuperFeed specifically the ASX24, Hong Kong Exchange, National Stock Exchange of India, Osaka Stock Exchange and Singapore Stock Exchange. Veal has also said that more exchanges will be will be added in 2019 as well as access points within the region.

The SuperFeed provides low-latency, normalized market data without the need for any client infrastructure, delivering standardised performance, and availability and reliability required of a trading quality of market data feed. It has already over 100 markets and data sources listed on SuperFeed, covering all major North American and European Markets. Recently, it has added cryptocurrency coins and tokens from CoinMarketCap.

Ollie Cadman, Head of Business Operations, Vela
Ollie Cadman, Head of Business Operations, Vela

The expansion tunes in with the company’s growth strategy in which it aims to provide more in-region access to Vela services including that of Market Data Feed and DMA platform. The remainder of 2018 and in 2019, the company will put additional access points including new in-region deployments of the DMA platform within Exchange Co-location sites starting with Tokyo.

While commenting on the development, Ollie Cadman, Vela’s Global Head of Product Management and Business Operations said:

“Vela has always had good Asian market data and trading software coverage, dedicated regional support, and a growing number of clients within APAC.” Adding, “More recently, we have seen an increase in demand for data and access to APAC services from within the region and the wider international trading community as clients deploy more global strategies and seek new opportunities outside of their traditional home markets.”

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