MarketAxess will utilize the CameronFIX engine to provide institutional investors with access to its electronic trading platform via the FIX protocol. MarketAxess institutional investor clients are able to use FIX to trade U.S. and European high grade corporate and emerging market bonds on the trading platform.
"The integration of the CameronFIX engine was seamless and gives us enhanced ability to efficiently support orders, executions and post-trade allocation messages, " Jon Dean, STP Product Manager at MarketAxess, said. "CameronFIX is providing MarketAxess with a scalable platform allowing us to deliver custom solutions to our clients."
"Cameron Systems is committed to actively supporting FIX protocol usage within the fixed income market," said Cameron Systems Commercial Director, Martin Koopman. "We are pleased to see the CameronFIX engine being used for fixed income by the majority of companies therefore making Cameron Systems the clear leader in this space."
Cameron Systems recently announced successful fixed income FIX deployments with the Bond Exchange of South Africa (BESA) and MFS Investment Management.
Cameron Systems, an Associate Member of the Bond Market Association, will be exhibiting at the Bond Market Association’s 9th Annual Fixed Income Summit & Expo in New York on December 8, 2004.