The London HUB service is an extension of Peresysâ 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 IOIâs, 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 â 11 and SIBOS in Copenhagen, September 5 - 9.