Vela Adds IMC Systematic Internalizer Data Feed

Vela announced the addition of the IMC Electronic Liquidity Providing (ELP) Systematic Internalizer (SI) to its list of global SMDS feed handler coverage. Vela’s software-based feed handling solution, SMDS, provides ultra-low latency normalized access with global coverage and support for all major asset classes. Forming part of a wider MiFID II offering, Vela has onboarded a range of Systematic Internalizers helping clients to consolidate all types of disparate liquidity across Europe. The offering can also be managed via Vela’s Ticker Plant Appliance. IMC develops technology and algorithms to trade multiple asset classes on more than 100 trading venues around the world. The ELP SI offers liquidity to counterparties that are not shown on any other platform and comes from the natural positions held on the central risk book.