Last year Vela rebranded itself to move beyond being a market-data specialist—a reputation that was built on SR Labs’ offering and the addition of the Wombat team, which SR Labs bought from the Intercontinental Exchange Group in 2013—toward more of an end-to-end trading platform provider.
To help speed up that evolution, last month it announced the acquisition of OptionsCity, a Chicago-based vendor specializing in futures and options trading and analytics. Jennifer Nayar, CEO of Vela, tells Wat
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails