Fusion Raptor - Goes Live on Hong Kong Stock Exchange (HKSE)

Hong Kong - 16 May 2011

Fusion Systems, a leading provider of Ultra-Low-Latency (ULL) Direct Market Access (DMA) solutions, announced today that Raptor has now gone live with high volume order flow on the HKSE AMS. This extends Fusion Raptor’s live multi-market coverage to three major Asia venues, providing ULL market connectivity for both sell-side and buy-side firms.

Fusion System’s implementation of Raptor on the HKSE follows previous go-lives on Japan's TSE Arrowhead and OSE J-Gate. With additional customer commitments for further markets throughout Asia, and a roadmap in place for delivery, Raptor is providing sell-side firms with FIX/OUCH to market-native DMA for all major Asia-Pacific cash and derivatives exchanges and alternative venues. Fusion Systems has a rapidly expanding operation within Hong Kong's Central District, with business development and implementation teams and a 24/7 tri-lingual helpdesk introduced.

Huw Rogers, a senior partner at Fusion Systems and chief architect of Raptor, commented “With the expected AMS/3.8 system upgrade in November 2011, we predict that this will increase the focus for sell-side and buy-side firms to further reduce latencies. We therefore anticipate major interest in leveraging Raptor for improved execution”.

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