Wombat

AAA

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 United States, United Kingdom and Japan. The Wombat Market Data Platform consists of Wombat Feed Handles, DART Entitlements and Wombat Acumen.

RELATED TERMS
  1. Stock Market

    The market in which shares of publicly held companies are issued ...
  2. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  3. EUREX

    The largest futures and options market in the world, dealing ...
  4. Euronext

    A cross-border European stock exchange, originally created in ...
  5. New York Stock Exchange - NYSE

    A stock exchange based in New York City, which is considered ...
  6. Information Management Technology ...

    Information management technology is the distribution, organization ...
RELATED FAQS
  1. What are "fabless" chip makers and why are they important in the semiconductor market?

    Fabless chip makers are companies that produce semiconductors for use in various types of electronics, such as digital cameras, ... Read Full Answer >>
  2. What is the best software to use for business analytics?

    The market for business analytics and business intelligence software is dynamic. New products and technologies are constantly ... Read Full Answer >>
  3. How do I pick the best method for forex system trading?

    Forex system trading describes a preset strategy for trading in foreign exchange markets based on a set of rules and analytical ... Read Full Answer >>
  4. What are the differences between AMEX and Nasdaq?

    While similar in purpose, the American Stock Exchange (AMEX) and the National Association of Securities Dealers Automated ... Read Full Answer >>
  5. 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 Full Answer >>
Related Articles
  1. Personal Finance

    The Birth Of Stock Exchanges

    Learn how British coffeehouses helped give rise to the juggernaut that is the NYSE.
  2. Options & Futures

    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!
  3. Trading Systems & Software

    The Global Electronic Stock Market

    The way trading is conducted is changing rapidly as exchanges turn toward automation.
  4. Investing

    What is Comprehensive Income?

    Comprehensive income is a part of the owners’ equity section of the balance sheet.
  5. Economics

    The 10 Best Cities for Financial Advisors

    If you're an advisor looking for a promising location to practice, consider the combination of high wealth and low market penetration of these locales.
  6. Economics

    The Worst Cities for Financial Advisors

    Financial advisors may want to avoid low income areas or those with lofty wealth but high numbers of advisors.
  7. Chart Advisor

    Trade Strong Trends in Financials with this ETF

    The strong move on the chart of the XBE ETF suggests that now could be the ideal time for traders to look for niche stocks to ride the upward momentum.
  8. Chart Advisor

    'Financial'-minded Active Traders Eyeing This ETF

    Despite the rocky close to the first quarter, active traders are turning their attention to the financial sector and the XLF ETF.
  9. Charts & Patterns

    Are These the 10 Best Internet Stocks of 2015?

    These internet companies vary in size, but they all offer future potential.
  10. Stock Analysis

    How Promising Is Qualcomm's Snapdragon Sense ID?

    Biometric security is all the rage these days, as tech companies big and small gradually work their way toward making antiquated alphanumeric passwords.

You May Also Like

Hot Definitions
  1. Fracking

    A slang term for hydraulic fracturing. Fracking refers to the procedure of creating fractures in rocks and rock formations ...
  2. Mixed Economic System

    An economic system that features characteristics of both capitalism and socialism.
  3. Net Worth

    The amount by which assets exceed liabilities. Net worth is a concept applicable to individuals and businesses as a key measure ...
  4. Stop-Loss Order

    An order placed with a broker to sell a security when it reaches a certain price. A stop-loss order is designed to limit ...
  5. Covered Call

    An options strategy whereby an investor holds a long position in an asset and writes (sells) call options on that same asset ...
  6. Butterfly Spread

    A neutral option strategy combining bull and bear spreads. Butterfly spreads use four option contracts with the same expiration ...
Trading Center