Selected as FIX Infrastructure Provider
December 1, 2011
New York, New York — FIX Flyer, a leader in solutions for electronic trading, global connectivity, today announces further expansion into Latin America with the addition of UBS Mexico, the Mexican unit of global investment bank UBS. UBS Mexico has selected both the Flyer Engine and Daytona Monitoring Tool for their FIX messaging infrastructure in order to provide state–of–the–art FIX order routing services for their clients around the world.
There is strong interest in the Mexican markets from the global investment community. The overwhelming majority of investors interested in trading in Mexico are looking for expertise from an international broker with local knowledge of market performance and an unbiased view. FIX Flyer is working with UBS Mexico to bring state of the art routing and connectivity services making it easy to access the Mexican market.
UBS Mexico uses Flyer’s FIX Engine for routing client orders to the Bolsa Mexicana de Valores, the equities exchange in Mexico. In addition, UBS Mexico uses the Daytona Monitoring Tool to support FIX sessions with their counterparties, allowing them to respond to their client’s needs with the highest levels of support. Daytona also provides UBS Mexico dynamic real-time alerting, latency metrics, and real–time order chain management especially necessary for algorithmic trading. In the last year that FIX Flyer has been selling FIX Engine and Daytona to the Mexican market, the number of production instances have increased by 240 percent while message throughput has grown by over 400 percent. The FIX Flyer Engine and Daytona product suite provide integrated electronic trading, routing and monitoring to over 170 clients worldwide, and serves most of the top tier Mexican equity brokers.
“We are excited to be working with one of the most prestigious names in the broker dealer community in Mexico”, said Brian Ross, CEO of FIX Flyer. Continues Mr. Ross, “we are delighted that UBS Mexico also believes in a high performing FIX infrastructure as part of their continuous growth strategy. We are delighted that UBS Mexico relies on our engine and tools as the core components of their client routing FIX infrastructure. No other company in the world matches our expertise and quality and we are glad that UBS Mexico also believes that great performing FIX infrastructure is makes the difference to the world’s traders.”
About FIX Flyer
FIX Flyer develops and operates advanced technology for anaging complex, multi–asset, institutional securities trading using highly scalable software and network technologies.
Since 2005, as an agile technology provider, we have partnered with our 170+ clients worldwide, including UBS, Barclays, TD Ameritrade, Fidelity, Berenberg, Unicredit, GBM, Interacciones, Bank of America Merrill Lynch, Goldman Sachs, and more to build high quality, feature-rich software.
Flyer has built a team of operational experts who manage and provide Managed FIX software-as-a-service. Our subject matter experts create and operate FIX servers for you to realize the full potential of our software to deliver the highest level of service and return on investment.
The FIX 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 also provides the Daytona trade surveillance monitor, the F1 Risk Control Gateway, the Ignition regression test and certification tool; the Flyer Online hosted Order Management System, and the Flyer Trading Network.
FIX Flyer has headquarters in New York City with offices in Boston and Hyderabad India.