âIn this rapidly evolving industry, it is essential to be able to quickly adapt the Winterflood electronic trading environment Win-X without impacting the outstanding service our clients have come to expect. We selected the ULLINK technology, after a comprehensive review of the technology available in this space, for the modularity that it offers. Connections can be added, removed or modified without changing the underlying infrastructure. This feature allowed us to simply add the Chi-X Europe plug-in to our trading platform and go live in a matter of days,â commented Philip Yarrow, Electronic Trading Director of Winterflood Securities.
âWe are pleased that Winterflood Securities has been able to leverage our platformâs modularity,â added Laurent Useldinger, CEO of ULLINK. âOur technology is plug-and-play, and we offer an extensive library of 350 ready-to-trade connections to favourite destinations, including over 35 major exchanges in DMA, to help our customers quickly adapt to evolving business needs and regulatory requirements.â
Commenting on the announcement, Peter Randall, CEO of Chi-X Europe added, âWe are delighted to welcome Winterflood Securities, the eminent specialist UK market maker, to our growing list of market participants and commend ULLINK for making this possible. In September, we extended our coverage of FTSE 250 stocks. We believe that the mid-cap market, as well as the blue chips, offers significant trading opportunities. On Chi-X Europe our participants achieve an average saving of more than 3 basis points on every trade. In these challenging times, we believe this proposition is proving ever more compelling.â