Vela’s data feed handling service aims to consolidate fragmented liquidity in Europe.
Vela will offer order routing and market data to Osaka Exchange as part of deal with JPX.
Vela has completed a connection of its Metro trading platform to the FIX order gateway at BNP Paribas.
Scott Visconti is the latest NYSE veteran to join Vela’s senior management team.
Peggy Sullivan has been acting as a consultant for Vela but has now been appointed chief of staff.
Vela’s SuperFeed provides market data on 100 global venues including Cboe, Nasdaq, London Stock Exchange and Euronext.
Vela plans to use the acquisition to boost its market data products and enhance its electronic trading solutions.