Omnesys, Rithmic to offer NEST users access to global derivatives exchange

Omnesys Technologies has tied up with Rithmic to provide the users of ‘Omnesys NEST’ a securities trading platform, access to and trading on major global derivatives exchanges

Bangalore-based Omnesys Technologies has tied up with the US-based Rithmic to provide the users of 'Omnesys NEST' a securities trading platform, access to and trading on major global derivatives exchanges.

By using an adapter provided by Omnesys-a provider of multi-asset trading software and systems and an Independent Software Vendor (ISV) in India-which incorporates Rithmic's R | API, the NEST platform can be connected to Rithmic's R | Trade Execution Platform, thereby providing the NEST users access to more than 15 international exchanges, Omnesys said in a statement.

Rithmic's R | Trade Execution Platform connects to BATS, Chicago Board Options Exchange, Chicago Board of Trade, Chicago Mercantile Exchange, COMEX Commodity Exchange, The ICE, New York Mercantile Exchange and NYSE-LIFFE US, among others, the company said.

Shrikant Pandit, managing director, Omnesys, said: "We have worked hard with Rithmic to provide what we believe is a very compelling offering for large financial institutions, small to medium prop desks and hedge funds to trade across multiple global markets."

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Hazare to go ahead with hunger protest despite police refusing permission

Hazare team says any attempt by police to stop peaceful protest would be a breach of fundamental rights

New Delhi: Setting the stage for a fresh showdown with the government, Anna Hazare and his supporters plan to go ahead with their hunger protest at Jantar Mantar on Wednesday, despite Delhi police refusing permission for their day-long programme.

A senior police official today said permission was not granted for the protest as prohibitory orders were in force following the action against Baba Ramdev and his supporters at Ramlila Maidan on Saturday night, PTI reports.

Police imposed prohibitory orders under Section 144 of the Criminal Procedure Code in Jantar Mantar and some other areas in the New Delhi district following the midnight action to evict Baba Ramdev and his supporters from Ramlila Maidan where they were on an indefinite protest against corruption.

Today, Arvind Kejriwal, a member of the Anna Hazare's team, said they planned to go ahead with a "very peaceful" protest and court arrest if police obstructed them. "No one can stop Anna Hazare from protesting at Jantar Mantar tomorrow," he said.

Shanti Bhushan, who wrote to Delhi Police seeking permission for the protest on behalf of the Hazare team, said they were putting police on notice that they intend to go ahead with the hunger protest and that any attempt to prevent the people from reaching Jantar Mantar would be viewed as a serious violation of fundamental democratic rights of the people.

"This is not acceptable. We appeal to the people to be calm tomorrow when they come to Jantar Mantar. We will stop wherever police tries to stop us. After that a few people could be arrested, while the others can go home," Mr Bhushan said. He said Mr Hazare's call was for a fast and this should not lead to a law and order problem.

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Eros International ties up with IP Avenue

Eros International Media Ltd has tied up with IP Avenue to bring a new revolution for in-flight entertainment

Eros International Media Ltd has tied up with Mumbai–based technology company, IP Avenue to bring a new revolution for in-flight entertainment. Through this association, the Mint Pod, a 5.3” wireless interactive hand held TV developed by IP Avenue, will provide entertainment to air travellers at a nominal fee.

The service would be provided by Eros In-flight Entertainment Division. The light-weight wireless device would dish out a host of entertainment programs. It has over 30 hours of content to keep passengers entertained and occupied during their journey. The Mint Pod allows easy browsing, fast forwards and rewinding facility.

Mint Pod is currently available for flights like Go Air. This feature will soon be made available in other Indian Low Cost Carriers as well as a few International carriers. In terms of technology, the Mint Pod’s content is encrypted, aviation copyrighted, with the ability to listen only with help of headphones thereby not disturbing fellow passengers.

On Tuesday, Eros International ended 2.27% up at Rs157.50 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.41% to 18,495.

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