FIX Flyer, a leader in solutions for electronic trading, announced today that Interacciones Casa de Bolsa, one of the technology leading brokers in Mexico, has enabled Direct Market Access (DMA) trading for his clients on the Mexican equity market with the entire FIX Flyer platform which includes the Flyer Engine, Daytona Monitoring, Ignition FIX Testing and Simulation, and the Bolsa Mexicana de Valores Exchange Adapter. FIX Flyer is Interacciones core trading infrastructure for low latency trading and provides advanced electronic trading services to their clients worldwide.
Interacciones licensed Flyer's FIX Engine and the BMV Adapter for routing client orders to the Bolsa Mexicana de Valores, the equities exchange in Mexico. Using FIX Flyer's tools, Interacciones is very responsive to their client's needs for efficient processing of their orders with the highest levels of support. Interacciones is in a strong position to attract electronic order flow from markets all over the world by offering world-class infrastructure and embracing the FIX global trading standard.
"Our clients have challenged us to provide the highest performing system for accessing the BMV," said Raul Garduño, Interacciones CEO. "We adopted FIX Flyer's solution as the core part of our DMA and algorithmic trading services to support our institutional, hedge fund, and proprietary trading clients around the globe."
"FIX Flyer's flexibility to build and adapt to the BMV is without peer," says Carlos Hernandez, Head of Trading Technology at Interacciones. "Their support and experience in developing our new platform let us build a reliable business platform."
"We are delighted that Interacciones relies on our core platform as the components for their electronic trading infrastructure," said Brian Ross, CEO of FIX Flyer. "No other company in the world matches our expertise and quality and we are glad that Interacciones also believes that FIX Flyer's infrastructure is the standard in Latin America and makes the difference to world's traders."
Interacciones Casa de Bolsa is part of Grupo Financiero Interacciones (GFINTERO.MX), a 100% Mexican owned Financial Group with a market cap of US$ 770M Following the strong growth in the Mexican trading market, where volume has increased by 30 times over the past 5 years, Interacciones has initiated an ambitious investment in technology services combining best-of-breed execution technologies.