Ace Derivatives and Commodity Exchange (Ace), has announced that the exchange feed is now available on CTCL (computer to computer link) platform developed by Bangalore based Omnesys Technologies. Omnesys is a technology company which develops products for the securities market segment in the BFSI space.

Ace is a screen based online derivatives exchange for commodities anchored by the Kotak Group as a majority stake holder. Omnesys is the first vendor to be empanelled as a CTCL vendor by Ace.

”Our endeavor is to provide best in class service to our members and bring in efficiency in the system so that all stakeholders benefit, and this is a step in that direction,” remarked Dilip Bhatia, CEO, Ace.

According to this tie up, Ace members can now use Omnesys CTCL solution to access and trade on the Ace platform. The trading system Omnesys Nest is used by top institutions and brokers to access various Indian stock and commodity exchanges. Omnesys states that, it provides market data and connectivity solutions to both buy-side and sell-side firm.

“Our flagship product Nest has been deployed by many brokerage houses across India and we now look forward to serving the trading members of the newest commodity exchange in India,” commented Shrikant Pandit, MD, Omnesys.