âWe are very pleased and excited about adding the CHX to the list of exchanges, market centers and content service providers available via SFTI
B2B,â stated Allan Graham, Senior Vice President at Sector. âSFTI B2B
complements the CHX New Trading Model (NTM) which was designed and constructed to provide fully electronic cost efficient executions.â
Powered by SFTI, SFTI B2B allows clients to use the CHX FIX protocol to access the Chicago Stock Exchange matching system and CHX Institutional
Brokers using CHXâs BrokerPlex system. In addition, clients can use
Unicast to access CHX CMS, the Exchangeâs legacy CMS order sending protocol for access to the matching system and CHX Institutional Brokers.
According to Chris Brown, Vice President of Operations at CHX, âThe Chicago Stock Exchange is delighted to offer the SFTI B2B service offering to our users who will benefit from the reliability of the service in accessing our trading platforms. We see this partnership with SFTI as further demonstrating our commitment to provide easy access to our services.â
SFTI is nationally recognized for its resiliency and redundancy. Based on proven state-of-the-art technology, SFTI B2B provides clients with a communications platform of unparalleled diversity and reliability that will carry their order flow and other critical data communications through a closed, high bandwidth, optical and highly available network. SFTI has garnered industry-wide acceptance and endorsements from numerous government agencies and industry organizations including, The U.S. Treasury Department, the Government Accountability Office (GAO) and the Securities Industry and Financial Markets Association (SIFMA). The NSTAC recognized SIAC and SFTI in its April 2004 Financial Services Task Force Report.
In addition to connectivity to SFTI B2BÂ®, Sector offers multiple WAN technologies and architects customers âfirst mileâ service with vendor and route diversity.