OneMarketData, a tick data management and analytics company, has been selected by the Faculty of Business Administration (FBA) at the Chinese University of Hong Kong (CUHK) to provide access to market data for its teaching and research needs.
OneMarketData will supply its OneTick data management solution, which is primarily used by trading firms to develop execution strategies, to FBA's finance trading laboratory.
The laboratory was launched in November 2010 and is fully-equipped with terminals from Bloomberg and Thomson Reuters and supported by real-time data feeds from the world’s major stock exchanges. It offers hands-on teaching in a simulated real-time market environment and plays an important role in the finance training of MBA, MSc and executive education programmes.
According to OneMarketData, students and researchers can use OneTick, including its ready-to-use data filters and analytics, to analyse market microstructure and algorithmic performance, as well as create arbitrage strategies and model portfolios.
“Academia plays a vital role in the world of quantitative finance and OneMarketData is pleased to add CUHK to our growing list of schools we are working with around the globe to educate and drive research for the next-generation of professionals,” said Denis Sweeney, director of sales, Asia Pacific, OneMarketData.
“Adding OneMarketData's OneTick solution offers a great improvement for our Trading Lab, as we're able to ”back-test' using real streaming tick-data and perform live trading simulations for high-frequency trading strategies,” added Professor Ralph van Put, adjunct professor of FBA at CUHK.