The Longitude technology uses parimutuel principles to aggregate liquidity and produce fair and efficient prices for applications in a diverse range of industries. Developed for the trading of illiquid assets in the financial industry, the technology has been reengineered to facilitate wagering on sports and horse racing, as well as the trading and settlement of financial and non-financial event markets. The powerful calculation engine and other functionality that underlie Longitude's unique technology platform are patented globally.
Longitude LLC and Longitude SA are wholly-owned subsidiaries of International Securities Exchange Holdings, Inc. Longitude SA holds the intellectual property rights for the Longitude technology. Longitude LLC is the sales and marketing agent of Longitude SA.
The Hong Kong Jockey Club announces signing of strategic technology services agreement with Longitude, April 22, 2013. Read the Press Release
New Jersey Racing Commission Approves Single Pool Wagering Regulations, Effective April 15, 2013. Read the Regulations
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