FIX CITY releases version 4 of the class leading pre-trade tool ioinet

Wednesday 23rd February 2005 London, UK.

FIX CITY Ltd, the leading independent vendor of FIX solutions and IOI delivery services, today announced the release of the latest version of ioinet, the revolutionary pre-trade tool for investment dealers.

ioinet version 4.0 builds on the class leading IOI distribution service, to provide the investment management community with the most intelligent pre-trade application in the market.

Mark Denny, Head of Equity Dealing at Investec Asset Management, said:
"When FIX CITY first presented ioinet to me I immediately saw its huge potential. IOIs are nothing new but the very innovative way that ioinet presents them is a quantum leap forward for this part of the business"

ioinet version 4.0 now provides the buy-side dealer with a unique ability to view advertised trades historically by brokers in a graphical view. The powerful presentation displays pie charts and bar graphs of traded volumes alongside the underlying figures and weightings for individual stocks and aggregated across sectors and portfolios.

Trade adverts are used by brokers to advertise their activity of completed trades in individual stocks. They are a useful barometer of market activity.

"ioinet’s new trade advertisement graphing feature is an excellent addition to the product’s existing features and puts ioinet head and shoulders above its competition" added Denny.

ioinet continues to evolve with customer input and includes several new Buy-Side features enabling dealers to manage the information they receive from their brokers more effectively. In particular, the already configurable Watchlist functionality has been enhanced to provide greater support for easy loading of portfolios and integration with applications such as Excel.

"This flexible and useful functionality makes it easy for any dealer to construct the interface just as it suits them" continued Denny.

Amy Muddimer, FIX CITY Ltd, Sales & Marketing Director commented "the information and functionality available in this latest ioinet version gives our Buy-Side customers a real edge. The insight provided at a glance by our graphical tools gives our clients the ability to respond more accurately and ahead of their competition".

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