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FIX FLYER SPEEDS UP ACTIVITES IN INDIA Expands Global Development and Support for International Trading New York, New York — October 4, 2010 — FIX Flyer, the leading FIX vendor promoting efficient trading and transparent trading for the securities industry, announces the opening of its new development and support facility in Hyderabad, Hi–Tech City, India. The new facility will be used strategically to support the rapid growth of clients using FIX Flyer trading software and services such as buy side, sell side, exchanges, and vendors. While FIX Flyer has had a development and support team in India since early in 2009, the plans include doubling FIX Flyer’s development, sales and technical support staff over the next six months. FIX Flyer’s products and operations have experienced enormous growth with over 160 clients globally, requiring 24 hour, seven day a week support for their trading operations. The office in Hyderabad will allow better collaboration between the company’s New York headquarters’ development and support groups, and will further develop FIX Flyers’ core strengths. Importantly, it gives FIX Flyer access to newly developing markets in India, Australia, Hong Kong and China. In addition, FIX Flyer’s success can be measured across all of its business, with Flyer Online and Flyer Trading Network considered as the worldÕs fastest growing wealth management platform, and FIX tools such as the FIX Engine, the Ignition testing and Daytona trade monitor gaining new clients globally, from the most sophisticated FIX desks for both the buy side and sell side. FIX FlyerÕs Monaco trade flow analysis platform has attracted the worldÕs top brokers as clients. Increasing demand to improve productivity for the entire trading lifecycle and finding liquidity among various venues, for high frequency trading, and to extend the life of existing FIX environments are the main reasons that FIX Flyer continues to expand. Brian Ross, the Chief Executive Officer for FIX Flyer commented, "We are focused on making electronic trading professionals more productive than ever. By establishing a team in Hyderabad, we can both offer unprecedented support and product development and also drive awareness of our products and services in the region." About FIX Flyer With over 160 clients worldwide, including Barclays, 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
For more information about FIX Flyer please contact: Brian Ross |
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