ULLINK certifies a DMA gateway to Turquoise

23 July 2008

ULLINK, global supplier of end-to-end connectivity and trading solutions, today became a fully-certified provider of DMA connectivity technology to Turquoise, the multi-lateral trading facility established by nine leading European investment banks. This new gateway supports the full scope of innovative functionality brought by the alternative platform, which will be launching in September.

Eli Lederman, Chief Executive of Turquoise, said, “Connectivity to technology solutions providers represents an important link to Turquoise’s network of members. We are pleased to have reached this point with ULLINK, which gives their clients full access to the Turquoise trading platform from launch.”

“ULLINK is proud to provide certified connectivity to Turquoise ahead of its launch in September”, said Laurent Useldinger, CEO of ULLINK. “This will allow our clients to get ready on time for this important milestone in the business. Our gateway to Turquoise is an important extension to our plug-and-trade DMA offer, which already includes the industry’s preferred regulated markets and alternative venues, in all asset classes.”

ULLINK gateways enable financial institutions to access industry-favourite markets. These include all major regulated Exchanges, as well as MTFs, ECNs, and other light and dark pools of liquidity. UL BRIDGE, the provider’s unique connectivity and routing platform, handles message normalization, enrichment, and smart order routing with broker-designed execution strategies. DMA client orders are consistently checked against the broker’s risk policies directly in the platform, thanks to UL IRIS – a natively-embedded risk management module.

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