OTC Markets Group Inc.,operator of financial markets for 10,000 U.S. and global securities, added Exegy Inc., a provider of managed services and technology for low-latency financial market data, as a new distributor of OTC Markets real-time Level 1 and Level 2 market data.
With this agreement, Exegys clients now have convenient access to real-time best bid and offering (BBO) pricing and full depth of book information for OTCQX, OTCQB and Pink market securities to aid in trading and investment decision-making.
In addition to quote, market participant and trader information, OTC Markets real-time Level 1 and Level 2 quote data provides unique OTC security information, including OTC market designation, security type and Caveat Emptor status.
We are pleased to announce Exegy as a new distributor of our real-time Level 1 and Level 2 market data, said Matthew Fuchs, Executive Vice President of Market Data and Strategy at OTC Markets Group. Clients of Exegys low-latency architecture will now be able to easily access data for the 10,000 securities on the fully electronic OTCQX, OTCQB and Pink markets.
Our new X-Port market data vending service is strengthened by the inclusion of real-time market data from OTC Markets Group, said David Taylor, Chief Technology Officer of Exegy, Inc. These vibrant markets are attractive to the elite firms that utilize our hardware-accelerated appliances and managed services for market data normalization and distribution.
