Ace ties up with TickerPlant; Market Data will be available on real time basis

PRLog (Press Release) - Aug. 21, 2012 - Ace ties up with TickerPlant; Market Data will be available on real time basis

Mumbai, August 21, 2012: Ace Derivatives and Commodity Exchange Limited (“Ace”), a Kotak Group anchored commodity exchange in India, today announced that it has tied up with TickerPlant, a Financial Technologies Group Enterprise.

With this tie up, market data of Ace will now be available on TickerPlant’s MarketView™ platform on a real time basis. TickerPlant is one of the leading market data service provider in the country with superior technology and domain expertize in the information business.

Mr. Dilip Bhatia, CEO, Ace Derivatives and Commodity Exchange Limited said, “We understand the importance of access to time sensitive information for our members and clients, and are pleased to collaborate with TickerPlant to provide yet another access point to aid in quick decision making.”

Mr. Nimish Talsania, CEO, TickerPlant said, “With the integration of Ace feeds on our Terminal and Mobile applications, our service offering becomes stronger and we are confident that this Strategic Partnership will bring a lot of value to a wide array of TickerPlant’s Clients across the Financial Sector”. He also attributed the rapid growth of TickerPlant to its continuous innovation in Technology, providing superior user experience and customized offerings.

Ace members and clients can now access the Exchange’s real time, market data including prices, market depth and other analytics on the MarketView™ platform.

About Ace Commodity Exchange

Ace Derivatives and Commodity Exchange Limited (www.aceindia.com) is a screen based online derivatives exchange for commodities anchored by the Kotak Group. Ace Commodity Exchange, earlier known as Ahmedabad Commodity Exchange Limited, has been in existence for more than 5 decades in Commodity Derivatives Business, bringing in the best and transparent Business Practices in the commodity space.

Kotak group-the anchor investor in the Exchange has pioneered many business practices existing in the financial services industry over the last 25 years. With Ace, they bring to the market a new, state-of-the-art trading platform which combines the operational efficiency of global exchanges with deep domain expertise in each commodity vertical.

About TickerPlant

TickerPlant Limited (www.tickerplantindia.com) is a wholly owned subsidiary of Financial Technologies India Limited. It integrates and disseminates ultra-low latency data feeds, news and financial information on its digital distribution platform, Market View® to support the needs of Banks, Financial Institutions, Corporate Groups, Media & Brokerage Houses across all asset classes at highly cost effective rates.

Market View Terminal™, a flagship market data product of TickerPlant offers real time streaming information on domestic and international exchanges as well as OTC markets. It provides extensive coverage of Indian equities, derivatives, global commodities, currencies, debt, money markets and mutual funds coupled with in house news service and other international newswires. It also offers strong features like Advanced Charting, Analytics & Economic data on its platform.