Asia Pacific Stock Exchange (APX) has announced that IRESS will integrate support for the APX market into its institutional and wealth management platforms.
IRESS will provide order management and real time market data support for the APX market from the launch of the new NASDAQ OMX trading system, X-Stream, which is due to launch in March.
IRESS Financial Markets clients in Australia will then have visibility of APX’s market activity and APX market participants subscribing to IRESS will be able to enter orders in the same way as they do for other Australian markets. APX hopes that it will add to growth of its market and David Lawrence, APX the chief operating officer of APX said that it placed them on a level playing field with ASX and Chi-X for IRESS clients.