OnPage announced today that a primary stock exchange company has chosen OnPage for their secure archived communication needs. This leading stock exchange company will use the OnPage application to replace the non-compliant SMS and Pin-to-Pin communication.
The Stock Exchange Company operates the third or fourth largest equities exchange in the world, with a trading volume of 1billion to 2 billion shares per day, capturing 10-12% of total U.S. equity trading volume. The Stock Exchange will utilize the OnPage application on their mobile devices with features including a full time-stamped audit trail and message archiving. The OnPage app gives the organization the tools to implement and enforce effective electronic record keeping, supervision and data protection policies for compliance with FINRA record retention rules and to fulfill SEC obligations for electronic message broker dealer compliance.