Bob Moitoso, Global Head of the FIX Division at NYFIX comments: âWe are on a mission to provide members of the NYFIX Marketplace with the broadest range of electronic trading services and global liquidity sources possible. By partnering with MetaBit weâve been able to accelerate our reach into the Japanese markets and satisfy our membersâ request for access to brokers and exchanges in the region. We look forward to working with MetaBit to continually provide our buy-side and sell-side members with enhanced solutions and opportunities for more efficient electronic trading.â
Daniel Burgin, CEO, MetaBit adds: âTodayâs firms need extended connectivity to gain traction in global markets. The NYFIX Marketplace offers MetaBitâs clients a great platform to international markets. This partnership supports a natural progression for our FIX network and allows our clients to gain seamless access to one of the worldâs largest FIX enabled trading communities.â
Claus Kwon, Business Development Director for NYFIX Japan, comments: âNYFIX is committed to expanding its Japanese client base and supporting the unique requirements of our local clients. Not only does this partnership provide global reach and seamless access to a variety of trading tools and services, via the NYFIX Marketplace, it also creates a powerful local community for our clients in Japan, enabling more sophisticated trading.â
The NYFIX Marketplace is a neutral, flexible, and fully managed electronic trading solution that is supported by the industryâs most experienced FIX specialists. Solution components include FIX order routing, IOIs, certification, version translation, and extensive training and educational programs. Members of the NYFIX Marketplace benefit from access to a wide range of liquidity sources, lower trading costs, and speed-to-market with new trading counterparties and services.