Money.Net Taps Vela SuperFeed for ‘Reliable' US Equities Data
Institutional clients told Money.Net that they would be "comfortable" with the reliability of Vela's data distribution, compared to other providers.
The data sourced via Vela went live in Money.Net's desktop and Microsoft Excel API, replacing a sub-set of North American equities and options exchange data, Canadian equities and global indexes previously provided by another, unnamed vendor, and will be used as an alternative source, backed up by other third-party vendor feeds and Money.Net's own proprietary connections to exchanges, where it holds vendor-of-record status.
"For critical feeds, we usually have multiple sources for redundancy
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