Wombat

DEFINITION of 'Wombat'

A type of financial software used by financial institutions for high-speed market data and messaging. Wombat was launched in 1997 and works with companies' existing software. Wombat was acquired in 2008 by NYSE Euronext, a company that manages stock exchanges in six countries. It is part of NYSE Technologies, the company's commercial technology division.

BREAKING DOWN 'Wombat'

Wombat includes among its clients the world's largest financial institutions and has offices in the United States, United Kingdom and Japan. The Wombat Market Data Platform consists of Wombat Feed Handles, DART Entitlements and Wombat Acumen.

RELATED TERMS
  1. Euronext

    A cross-border European stock exchange, originally created in ...
  2. Business Software & Services Industry ...

    An exchange-traded fund (ETF) that invests in business software ...
  3. NYSE Amex Equities

    An American stock exchange owned by NYSE Euronext. The NYSE Amex ...
  4. iShares

    A large provider of exchange-traded funds, managed by the investment ...
  5. High-Speed Data Feed

    A data stream that transmits information at a faster pace than ...
  6. Trading Software

    Computer programs that facilitate trading of financial products ...
Related Articles
  1. Investing

    The Top 10 Hidden Factors Affecting Software Stocks

    Want to invest in software? Here are the most important factors affecting profits, revenues, and stock price of software companies
  2. Personal Finance

    World's top 10 Software Companies

    Want to invest in software stocks but finding it difficult to identify companies with major software revenue? Here is a list of top software companies
  3. Trading Systems & Software

    The Vital Importance of Choosing The Right Day Trading Software

    Software has made day trading quick and automatic--all the more reason to be as painstaking as possible when choosing the right one for your needs.
  4. Investing

    How The NYSE Makes Money

    We examine how the New York Stock Exchange, the leading US stock exchange, makes money.
  5. Stock Analysis

    The 5 Biggest Chinese Software Companies (CHL, TCEHY)

    Read about the five largest and most influential software companies in China, including a new startup considered to be an upcoming superstar.
  6. Savings

    Use Financial Software

    Check out these 8 easy steps that can help you take the confusion out of your personal finances
  7. Investing

    The Top 10 US Software Companies

    Want to invest in top software companies listed in the US? Here is a list to get you started.
  8. Financial Advisors

    Essential Software for Financial Advisors

    A comparison of top software solutions for advisors in an industry that’s becoming increasingly driven by technology.
  9. Financial Advisor Technology

    Advisors: Stay Relevant with Data Aggregation

    Advisors wanting to remain competitive should consider embracing data aggregation tech, which many clients expect. Here's the lowdown on the trend.
  10. Investing Basics

    7 Popular Software Programs for Portfolio Managers

    For retail investors and money managers, portfolio management software makes life easier. Here are synopses of seven popular programs.
RELATED FAQS
  1. What are all of the securities markets in the U.S.A?

    There are three major U.S. financial securities markets which are: New York Stock Exchange (NYSE): NYSE is a stock exchange ... Read Answer >>
  2. How does portfolio management software work?

    Discover the functions of various complexity levels of portfolio management software, and learn how traders utilize portfolio ... Read Answer >>
  3. What are some of the better types of financial analysis software?

    Discover what features make for good financial analysis software, some popular options and why analysts need to pick the ... Read Answer >>
  4. How do I invest in the Nasdaq or the NYSE? Is it even possible? Would I want to? ...

    The Nasdaq and the NYSE are stock exchanges that trade securities. Nasdaq stands for National Association of Securities Dealers ... Read Answer >>
  5. What is the best software for calculating the cash budget of an individual?

    Explore the options and features of several leading personal finance tools to find the best software for calculating your ... Read Answer >>
  6. What should I look for when choosing a forex trading platform?

    A trading platform is a piece of software that acts as a conduit for information between a trader and a broker. A trading ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center