IRESS to Connect with APX's New Trading Platform
IRESS will integrate support for the APX market into its well recognized institutional and wealth management platforms.
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APX aims to launch its new trading system in partnership with Nasdaq OMX in March 2015. IRESS intends to provide its clients with an order management system and real-time market data support on X-Stream.
"We are delighted to be working with IRESS to provide APX market participants with direct access to the APX market," says David Lawrence, APX chief operating officer. "This is a significant broadening of the distribution of APX products and access capabilities. It places APX on a level playing field with ASX and Chi-X for IRESS clients. It will benefit not only our market participants, but will also have significant benefit for our listed companies as their visibility in the market increases."
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