Financial Technologies India Ltd has announced that NextVIEW Pte Ltd (NextVIEW), a Singapore based leading Pan-Asian financial information vendor, has entered into a partnership with Tickerplant Infovending Ltd (Tickerplant), a FT Group Company, to offer real-time Indian equities and commodities market data services in India and globally.
Tickerplant will be Indian content and real time market data feed provider to 5000 plus NextVIEW terminals spread across Singapore, Malaysia, Thailand, Hong Kong, Vietnam, China in Asia Pacific and NextVIEW will provide International content and real time data feed to Tickerplant Information Terminals. The Indian real time market data feed will be from Bombay Stock Exchange (BSE), National Stock Exchange (NSE), the Multi Commodity Exchange (MCX) and National Commodities and Derivative Exchange (NCDEX) along with other third party content. The International real time data feed will be from CME, CBOT, NYMEX, COMEX, NYBOT, LIFFE and other international exchanges with third party content and financial market news. The service offered will be on a globally benchmarked monthly subscription model.
Following this, Mr Dewang Neralla, Executive Director of Tickerplant Infovending Ltd comments, "As the dominant equities and commodities trading systems vendor with more than 100,000 plus terminals and local sales and support offices in major cities in India, we are confident that our Tickerplant-NextVIEW partnership could achieve the same level of dominance in the real-time market information, analytics and tools market in India in relatively short period of time. NextVIEW's pan Asia network is an ideal distribution channel to market our joint Indian data service to international investors and traders. In addition, we are also exploring the possibility of marketing Financial Technologies trading systems and exchange technologies with NextVIEW in key Asian cities."