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.
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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