Bloomberg Analytics Integrates OneTick Trading Engine Offering Utility Functions in Real-Time

by Jeff Patterson
  • Bloomberg has assimilated OneMarketData’s OneTick CEP engine, providing traders with options and analysis into their respective trading activity across asset classes ranging from equities to Forex.
Bloomberg Analytics Integrates OneTick Trading Engine Offering Utility Functions in Real-Time
Bloomberg Logo

Bloomberg Analytics has assimilated OneMarketData’s OneTick complex event processing (CEP) operations engine into its Execution Management System (EMSX), providing traders with a cascade of options and analysis into their respective trading activity across asset classes ranging from equities to FX, according to a company statement.

OneTick Solution Functional Across FX, Equities, Etc.

The offering builds upon an already robust suite of options by Bloomberg, including comprehensive data feeds, streaming quotes, Liquidity and trading activity utility. In addition, the partnership with OneMarketData effectively taps into the algorithmic trading capabilities of one of the industry’s finest. Its OneTick solution is functional with nearly all asset classes, including FX, equities, fixed income, options and futures.

OneTick the Perfect Complement to Bloomberg’s Market Exposure

The root of the partnership between Bloomberg and OneMarketData lies in a testing period last year, which featured the CEP engine performing successfully under a tranche of parameters across several sectors. “We chose to go with OneTick because it offered a unified CEP engine and tick database and because Bloomberg developers were already familiar with the technology,” noted Bloomberg officials.

According to Palak Patel, Global Head of Equity Trading and Connectivity Product Development at Bloomberg, “While EMSX users have always had access to real-time market impact analytics, OneTick gives traders the ability to take these analytics a step further. Traders can now recreate exactly what the market looked like moments before and after a trade is sent to an algorithm or venue. Similarly, our customers always had access to real-time venue analytics, but with OneTick, we were able to deliver venue analytics that are truly actionable.”

Bloomberg Logo

Bloomberg Analytics has assimilated OneMarketData’s OneTick complex event processing (CEP) operations engine into its Execution Management System (EMSX), providing traders with a cascade of options and analysis into their respective trading activity across asset classes ranging from equities to FX, according to a company statement.

OneTick Solution Functional Across FX, Equities, Etc.

The offering builds upon an already robust suite of options by Bloomberg, including comprehensive data feeds, streaming quotes, Liquidity and trading activity utility. In addition, the partnership with OneMarketData effectively taps into the algorithmic trading capabilities of one of the industry’s finest. Its OneTick solution is functional with nearly all asset classes, including FX, equities, fixed income, options and futures.

OneTick the Perfect Complement to Bloomberg’s Market Exposure

The root of the partnership between Bloomberg and OneMarketData lies in a testing period last year, which featured the CEP engine performing successfully under a tranche of parameters across several sectors. “We chose to go with OneTick because it offered a unified CEP engine and tick database and because Bloomberg developers were already familiar with the technology,” noted Bloomberg officials.

According to Palak Patel, Global Head of Equity Trading and Connectivity Product Development at Bloomberg, “While EMSX users have always had access to real-time market impact analytics, OneTick gives traders the ability to take these analytics a step further. Traders can now recreate exactly what the market looked like moments before and after a trade is sent to an algorithm or venue. Similarly, our customers always had access to real-time venue analytics, but with OneTick, we were able to deliver venue analytics that are truly actionable.”

About the Author: Jeff Patterson
Jeff Patterson
  • 5344 Articles
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About the Author: Jeff Patterson
Head of Commercial Content
  • 5344 Articles
  • 90 Followers

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