SGX will use CameronFIX for the SGXAccess Gateway to provide seamless electronic order routing to the SGX securities market using the FIX protocol. SGX will also integrate CameronFIX with its Order Routing and Market Data Trading Link to enhance ease of connectivity between SGX and other exchanges.
The CameronFIX site license purchased by SGX will enable the Singapore bourse to install the CameronFIX Engine at all its trading Membersâ sites. This will allow SGXâs member firms to trade in Singaporeâs securities market from anywhere in the world through their own trading terminals.
Said Mr. Chew Hong Gian, Executive Vice President and Head of Technology at Singapore Exchange, "We are pleased to use CameronFIX to provide more efficient global access to our marketplace through SGXAccess, which is key to our growth strategies of extending our reach and increasing market depth and liquidity."
"We look forward to working with the Singapore Exchange to provide their customers with a proven, high performance and robust FIX solution," said Cameron Systems sales director, Mr. Glenn Cruickshank. "CameronFIX demonstrated âbest fitâ for the Singapore Exchange and given the increasing demand for FIX throughout Asia Pacific, this comes as a timely response for solving Singapore Exchangeâs FIX customisation issues now and into the future."