This new service offered by two companies that are both home to Asia, represents an attractive value proposition to institutional investors who trade across international borders into Asian markets.
Initially, the service of interactively leveraging NextVIEWâs market data and charting terminals with XiliX, will be provided for markets in Japan, Hong Kong, Australia, Taiwan, Korea and Singapore, with ASEAN and Indian markets to follow. This will represent a multi-asset offering, spanning cash equities, index futures and options, and commodity futures.
âTeaming with MetaBit will create an excellent value added proposition to NextVIEWâs existing clients that increasingly look to convert analytics and real-time market information into an order, placed directly on Asian exchanges,â says Stephen Lai, NextVIEW CEO, âNextVIEW is an Asian information service provider that is unique and has been looking for a partner that is equally focused on Asia, with a deep understanding of the regionâs needs.â
âThe planned offering with NextVIEW will be the first truly Pan-Asian solution by providers that have their origin in Asia,â says Daniel Burgin, MetaBit CEO, âMetaBit and NextVIEW both have an intrinsic know how of local markets, with services to complement each other. By combining financial information with cross market DMA connectivity, XiliX will further grow as a multi-asset, multi-market trading solution, catering to the needs of domestic market participants as well as overseas investors trading into Asia.â