Imported from previous forum
[ original email was from Annie Walsh - aw@cameronsystems.com ]
Uptake of FIX Continues Globally — Agora Senior, Largest Brazil Broker Signs for CameronFIX Platform
New York, NY: Tuesday May 31, 2005 — Cameron Systems, the leading global provider of FIX protocol messaging solutions, today announced Agora Senior, Brazil’s largest broker for equities and derivatives trading, has selected the CameronFIX platform for efficient FIX-based trade execution on VipTrade, its market-leading trading tool for meeting the needs of its retail and institutional clients.
“Witnessing the rapid uptake of FIX within the broader global financial community increasingly made the benefits of the protocol more apparent,” said Guilherme Horn, Agora Senior’s CIO. “Agora Senior, the market leader in Brazil servicing the largest number of institutional market participants, is well known for providing the best trading technology and services available. Adopting FIX was therefore a natural progression. CameronFIX came highly recommended by our global institutional clients and since integration we are very pleased with the high performance connectivity it delivers.”
“We are pleased leading broker Agora Senior has selected the CameronFIX solution for its FIX gateway to VipTrade,” said George Wishart, Cameron Systems Sales Director. “We look forward to providing FIX trading enhancements for its clients and building on Agora’s already outstanding suite of solutions.”
Martin Koopman, Cameron Systems Commercial Director and Co-Chair of the FIX Protocol Organization’s Americas Regional Committee, says: “FIX continues to grow globally. Last month we announced Cameron Systems opening an office in Shanghai. This month we are pleased to announce the adoption of FIX in Brazil by the leading Brazilian broker/dealer. Cameron Systems is the only company focused on FIX that can support clients with all their FIX requirements globally.”
Cameron Systems is next exhibiting at the FIX Protocol Electronic Trading Conference in Canada, Toronto, June 7.
About Agora Senior
In 1993, Agora Corretora de Títulos e Valores Mobiliários began its operating activities in the capital market. Offering clients a leading range of services, operating flexibility and access to accurate information; the new Broker quickly positioned itself among the leaders in the domestic ranking.
Following the same path of professionalization, Senior Distribuidora de Titulos e Valores Mobiliarios, as it was known at the time, consolidated its position as the leader in important segments of fixed income markets, focusing mainly on public bonds and derivatives administered by the BM&F, reaching the number 1 spot.
In 2001, a merger of both these firms produced the largest broker in Brazil - Agora Senior Corretora de Titulos e Valores Mobiliarios, providing significant participation in all financial assets and capital markets.
Never has a broker carried out so much business in Brazil. On a single day, Agora Senior registered an average of 20,000 tickets, constantly breaking the record of the BOVESPA. To perform this volume of transactions, the broker has a team of more than 500 professionals supported by leading trading technologies.
www.agorasenior.com.br
About Cameron Systems
Cameron Systems is the only globally proven Financial Information Exchange protocol [FIX] trading solutions provider for worldwide Brokers, Fund Managers, Exchanges, Transaction Networks and Software Vendors across the securities and financial industry. Celebrating 8 years of success in 2005 with more connections, more customers and more products, Cameron Systems continues to help grow financial markets worldwide by actively supporting and playing a leading role in the expansion of the FIX protocol.
With offices located in New York, London, Sydney and Shanghai*, Cameron Systems works with its sales and support Partners and its worldwide client base to deliver greater efficiencies for all FIX trading across Equities, Commodities, Fixed Income, Futures & Options and Foreign Exchange.
The world’s leading securities and financial firms have selected the CameronFIX platform. These include Fidelity Management and Research, Knight Securities, UBS, CSFB, Citigroup, Barclays Capital, Charles River Development, CIBC World Markets, MarketAxess, Gartmore Investment Management, MFS Investment Management, Nomura Securities, Standard Chartered Bank, Macquarie Securities and Dresdner Kleinwort Wasserstein.
*Shanghai office opens mid 2005
www.cameronsystems.com
Contacts:
Annie Walsh, Cameron Systems
annie.walsh@cameronsystems.com, +61.412.867.068
Martin Koopman, Cameron Systems
martin.koopman@cameronsystems.com, +1.212.981.8199
Alan Gandelman, Agora Senior
alan.gandelman@agorasenior.com.br, +55.21.2529.0839