BlockCross Selects Flyer’s Daytona and FIX Engine

Leading Alternative Trading System to use tools for FIX communications and monitoring

New York, New York — January 19, 2010 — FIX Flyer, a leader in solutions for electronic trading, announced today that BlockCross ATS has chosen both the Flyer Engine and Daytona Monitoring for their independent alternative trading system (ATS) focused on block–sized trades of US equities. BlockCross picked the solution because of its ease of use and strong technical support.

BlockCross uses Daytona to monitor and support FIX sessions with all of their counterparties in real time. Daytona helps BlockCross provide the high level of support that their customers have come to expect.

"Clients rely on us everyday for best execution and good system performance," said Paul Filipski, director of development at BlockCross. "We’ve been using FIX Flyer’s engine for almost three years now and it’s been a reliable solution for us. Daytona lets us extend the manageability of our FIX processing to operations and the support desk using just one application. Knowing that our core FIX infrastructure is built and supported by the industry’s leading experts lets us concentrate on providing a superior experience to our customers."

BlockCross combines buy–side and sell–side liquidity to provide a broad spectrum of block–sized trading opportunities. An important consideration when choosing FIX Flyer was that core FIX components are easy to integrate, without compromising scalability and performance. In addition, BlockCross needed to make sure that the integrated solution is easy to support and that it would fit into their existing operations. Because of Flyer’s unmatched proficiency and experience as an overall FIX solution, BlockCross realized early in their evaluation process that FIX Flyer extended their support and tools beyond conventional solutions. FIX Flyer works in some of the most demanding trading environments in the world, and that experience makes the product valuable to customers like Pulse.

"We are always thrilled when an innovative and technically savvy company such as BlockCross decides to use our engine and tools as core components in their architecture," remarked Brian Ross, CEO of FIX Flyer. "No one can deliver performance and support in FIX infrastructure like we can."

About FIX Flyer

With over 120 clients worldwide, including UBS, Bank of America Merrill Lynch, Goldman Sachs, and J.P. Morgan, FIX Flyer develops advanced technology for managing complex, multi–asset, institutional securities trading using highly scalable software and network technologies. FIX Flyer provides Managed FIX services; the Daytona trade monitor; the Ignition regression testing, certification and trade validation tool; Flyer Online OMS; and tools for commission and risk management. The Flyer Engine is the first FIX server designed to manage high volume, ultra–low latency trading networks and ECNs, easily scaling to thousands of connections. FIX Flyer hosts and partners with Equinix, the leading global provider of network–neutral data center and interconnection services. Visit fixflyer.com for company information and to request a free demonstration. Follow us on twitter.com/fixflyer.

About BlockCross

BlockCross is a division of Pulse Trading, Inc. Pulse Trading is a full service independent agency brokerage firm that provides top quality stock and portfolio execution services on behalf of institutional investors. In addition to our conflict–free trading desks and BlockCross ATS, we also supply independent research, portfolio consulting and technology support for our buy–side clients. For more information about BlockCross and Pulse Trading, visit http://www.blockcross.com or http://www.pulsetrading.com.

For more information about FIX Flyer please contact:
Nick Nickitas
FIX Flyer
+1 888 349–3593
nick@fixflyer.com

Brian Ross
FIX Flyer, LLC
+1 888 349–3593
brian@fixflyer.com

For more information about Pulse Trading please contact:
Jan Hunter
Hunter & Co Communications
+1 617 371–11222
jan@huntercopr.com