Ace Derivatives and Commodity Exchange (ACE), which went live on October 27, 2010, is proud to announce that the Exchange feed is now available on CTCL (Computer To Computer Link) platform developed by Omnesys. Omnesys is the first vendor to be empanelled as a CTCL vendor by Ace.
With this tie up, ACE members can now use Omnesys CTCL solution to access and trade on the Ace platform. The trading system OMNESYS NEST™, provided by Omnesys is used by top institutions and brokers to access various Indian stock and commodity exchanges. Omnesys provides market data and connectivity solutions to both buy-side and sell-side firm. This frontend may also be extended to end clients. Using this solution, members can effectively manage their client’s risks and margins on a real time basis
Speaking on the occasion Mr Dilip Bhatia CEO ACE said ”Our endeavor is to provide best in class service to our members and bring in efficiency in the system so that all stakeholders benefit, and this is a step in that direction"
Shrikant Pandit, Managing Director of OMNESYS said, “We are delighted to be an approved software provider on ACE. OMNESYS has a wealth of experience and expertise in providing trading solutions to financial institutions and commodity trading participants as a result of being an empanelled software provider on all leading Indian exchanges. Our flagship product NEST has been deployed by many brokerage houses across India and we now look forward to serving the trading members of the newest commodity exchange in India.”