Ullink, the Global Transactional Connectivity Provider working with the financial community, announced today that it has been selected by Rabobank Securities to provide Direct Market Access to Euronext.
This announcement highlights Ullink’s continued success into providing Direct Market Access (DMA) to the leading exchanges for equities and futures and options. Rabobank Securities has reported significant improvements in performance since going live on Ullink’s Market Gateway. This access has proved to deliver fast connectivity with a latency of under of two milliseconds to translate orders from FIX to the MMTP on the native market protocol using an Entry level server. The new direct connection with Ullink has provided Rabobank’s reputation as one of the fastest and most effective brokers an added boost.
Rabobank’s confidence in the Ullink’s Market Gateway confirms Ullink as a leader in the transactional connectivity market. Not only has Ullink demonstrated its ability as one of the fastest Direct Market Access connections but it has also been recognised for their responsiveness and availability in consultancy and maintenance. Moreover Ullink’s system has proven easy to implement due to its user-friendly interface.
"We have decided to develop our access on Euronext’s native protocol- MMTP- because of performance and functional reasons" commented Laurent Useldinger, the CEO of Ullink, "Rabobank has always strived to be one of the fastest platforms in Europe and trusted our technology to achieve this. This really encourages us to continue our effort to enhance our connectors’ library with direct exchange links."
Lars Polling, ICT and FIX specialist with Rabobank Securities’ Business Development team has stated: "Ullink currently maintains over 1,000 connectors worldwide and implements FIX across all asset classes, complying with the most sophisticated trading requirements such as algorithmic trading and best execution. Ullink is a valuable partner for us."
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