Commentary

Steve Grob
Traders Magazine Online News

The Periodic Table

Fidessa's Steve Grob has written a response to Marcus Ferber writing to ESMA condemning periodic auctions. The blog strongly criticizes Ferber's approach, and looks at the problems behind the "lit is good and dark is bad" attitude.

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Do you think that NY AG Schneiderman's probe into crypto exchanges will curtail growth and trading?



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April 1, 2014

OTC Markets Provides Data to REDI

By John D'Antona Jr.

OTC Markets is now providing REDI Technologies with real-time Level 1 and Level 2 the full depth of book data trading data for distribution to the latter's buyside and sellside clients.

Providing such in-depth data to former Goldman Sachs-owned subsidiary REDI, OTC Markets is expanding dissemination of its real-time best bid/offer and full depth-of-book data for its OTCQX, OTCQB and OTC Pink securities via REDI's extensive trading network.

"We are pleased REDI has become a distributor of our real-time Level 1 and Level 2 data," said Matthew Fuchs, OTC's head of market data and strategy. "With this agreement, REDI's broker-dealer customers will have access to comprehensive, timely data on 10,000 U.S. and global securities, including 1,500 ADRs, 1,400 foreign ordinaries and 650-plus community banks."

REDI has access to 97 percent of the world's equities and derivatives electronic exchanges via broker networks.

 

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