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. |
|
Investopedia explains 'Wombat'Wombat includes among its clients the world's largest financial institutions and has offices in the |
Related Definitions
Articles Of Interest
-
Getting To Know The Stock Exchanges
Here are the answers to all the questions you have about stock exchanges but are too afraid to ask! -
The Global Electronic Stock Market
The way trading is conducted is changing rapidly as exchanges turn toward automation. -
The Birth Of Stock Exchanges
Learn how British coffeehouses helped give rise to the juggernaut that is the NYSE. -
Cost Discipline Driving The Story At PNC Financial
If PNC can execute on it cost-cutting initiatves, the value creation could be meaningful -
How Much Further Can Value Carry Autodesk?
Autodesk comes up short again as the macro environment stays soft. -
The 8 Most Volatile Sectors
Volatility often frightens investors. Here are some unstable sectors to watch out for. -
Why BATS Killed Its IPO
There have been several successful IPOs, however this isn't one of them. -
Opportunity Cost
Every action has a cost, even the ones you don't pursue. Find out how this is calculated. -
Should You Cut Financials Out Of Your Portfolio?
Financials have been underperforming the rest of the market. Find out if it's time to dump them. -
Winning Celebrities And The Companies They Endorse
These top celebs have brought in a ton of money for popular companies through endorsement deals.
Free Annual Reports