London, UK: Wednesday July 27, 2005: — Leading global provider of FIX-based messaging platforms, Cameron Systems together with its South African-based partner, Peresys, today announced details of a London-based FIX HUB service developed to meet the trading requirements of the European securities industry. Powered by CameronFIX technology, the Peresys HUB service will facilitate connectivity and trade related messaging, using the FIX protocol standard, between buy and sell side participants in the equities, fixed income and derivatives markets.
The London HUB service is an extension of Peresys’ successful FIX HUB service currently offered in South Africa.
"Peresys has established a successful trading HUB service in South Africa and we are confident we can leverage this to offer similar services to the UK and European markets," says Peresys Managing Director, Ashley Mendelowitz. "Our relationship with Cameron Systems has been pivotal to the development, and we look forward to introducing the HUB service to Europe and providing value-for-money FIX services including an outsourced FIX engine for participants who cannot justify investing in their own FIX implementation," adds Mendelowitz.
"The use of CameronFIX continues to expand in the FIX HUB business to meet both local and international client order routing requirements," said Cameron Systems Director of Sales Glenn Cruickshank. "The success we have achieved in Asia is being replicated into EMEA with further FIX HUB partnerships planned for 2006. Cameron Systems is currently in discussion with partners over the linking of FIX HUBs to create a FIX HUB network service."
Cameron Systems has emerged as the leader in providing all FIX trading requirements for Exchanges, Brokers, Fund Managers, Transaction Networks, Software Vendors and other market participants.
Peresys offers FIX-based IOI’s, order routing and DMA into and out of South Africa for Equities, Derivatives, and Fixed Income, with a trading community that includes the top 25 JSE registered stockbrokers and leading buy-sides in South Africa, the UK, mainland Europe and the US.
Cameron Systems is next exhibiting at the FIA Derivatives Conference in Beijing, August 9 – 11 and SIBOS in Copenhagen, September 5 - 9.
With annual sales exceeding $200 million, 1,000 employees and local presence in major financial markets across Europe, Asia-Pacific and the Americas, ...View article
ULLINK extends its footprint in Spain with first of several new customers in the region ULLINK, the global provider of electronic trading and co...View article
ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, confirmed today its NYFIX Marketplace FIX netwo...View article