Strong demand for fast, cost-effective FIX routing; announces beta program for High Availability Core FIX Engine
January 10, 2007
New York, New York — FIX Flyer, a leader in FIX trading solutions announces today that volume on their FIXtp trading service is expanding quickly because of a growing list of clients and the addition of new features making it easy to handle higher volumes. Trading volume has increased 120% each quarter since launch in May 2006.
This growth is coming from new clients, trading driven by newalgorithmic strategies, and block trading automation. FIXtp helps traders integrate their own processes tightly into their own proprietary methods, without the overhead of a heavy OMS, making traders efficient and flexible so they can capture new opportunities. Traders use FIXtp to FIX-enable their workflow (Excel spreadsheets, proprietary processes, and files) without having to implement a FIX engine or certify with counterparties.
FIX Flyer also announces releasing their greatly anticipated High Availability core FIX engine for pre-production release. Existing clients will beta this version. FIX Flyer is now qualifying new partners to beta the new high speed and highly available core FIX platform. Interested firms can call or email FIX Flyer for more details.
About FIX Flyer
FIX Flyer develops and operates advanced technology for managing 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.