Xasax Hits Funding Crisis, Seeks Buyer

Sources say the vendor, which closed its OpenTick active trader software division in March, has put business on hold until it can attract further funding, and is seeking a buyer.

Chief executive Noah Lieske did not respond to questions by press time. However, sources say the vendor has stopped distributing data, while marketdatapeaks.com, a Web site set up by Exegy, Xasax and the Financial Information Forum to show peak data volumes across US exchanges has not been updated since mid-August, and h

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: