The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

SEC Contracts MayStreet to Provide Market Data for MIDAS

MayStreet, provider of a capital markets platform delivering low-latency connectivity and high-precision market data, has assumed the role of market data provider to the US Securities and Exchange Commission’s (SEC) Market Information Data Analytics System (MIDAS) following its acquisition of the Thesys Technologies business that previously supported the system.

The MIDAS platform combines technology and empirical data to enable the SEC to better monitor and understand market trends and gain better insight into the functioning of capital markets.

Beginning November 1, 2019, MayStreet contracted directly with the SEC to provide all US equities, options and futures data as it relates to MIDAS. In the initial phase of the transition, MayStreet will implement its proprietary data packet capture technology. All existing MIDAS data transformation, cloud storage and client access technology will be retained in the short- to middle-term to ensure a smooth transition of MIDAS to MayStreet.

Patrick Flannery, CEO and co-founder at MayStreet, comments: “This is a huge validation of our vision to build and deliver a next-generation market data platform for modern capital markets.”

Related content

WEBINAR

Recorded Webinar: Market data management, licensing and administration in the post-Covid environment

Market data administration has always been a challenge. For many firms, keeping tabs on permissioning and entitlements, compliance with licensing agreements, and reconciling all that with increasingly complex invoices requires a significant dedicated resource with a clear understanding of the issues involved. As if that weren’t enough, things got more challenging for these teams in...

BLOG

Options Extends SGX Footprint with Ultra-Low Latency Offering

Expanding on its introduction of managed colocation services for trading on the Singapore Exchange (SGX) last summer capital markets infrastructure provider Options Technology has partnered with the exchange to provide ultra-low latency (ULL) connectivity to SGX’s Tier 1 site. The addition of the new SGX capability follows on the heels of the company’s acquisition of...

EVENT

Data Management Summit USA Virtual

Now in its 11th year, the Data Management Summit USA Virtual explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

Trading Regulations Handbook 2021

In these unprecedented times, a carefully crafted trading infrastructure is crucial for capital markets participants. Yet, the impact of trading regulations on infrastructure can be difficult to manage. The Trading Regulations Handbook 2021 can help. It provides all the essentials you need to know about regulations impacting trading operations, data and technology. A-Team Group’s Trading...