Imported from previous forum
For Immediate Release
Apt announces FIXcel: The FIX engine add-in for Microsoft Excel
FIXcel opens the door to anyone who wants to trade electronically with FIX
Edinburgh, Scotland, 13 June 2002 - Apt Computer Systems Limited, a leading provider of FIX (Financial Information eXchange) engines and connectivity software tools for the financial world, today announced the release of its FIXcel software product.
Apt has developed FIXcel in response to market demands, particularly from those traders who already use Excel to help with the trading process. “With FIXcel, anybody using Excel can now execute trades with FIX connectivity” commented Gordon Black, head of the FIXcel project team at Apt. “In times like these, traders need every advantage they can get. Every day, more trading operations are communicating electronically in order to improve trading speed, execution quality and reduce costs, while handling an ever-growing volume of trades and information”, says David Shobrook, Sales and Marketing Director at Apt.
What is FIXcel?
FIXcel is a FIX engine add-in for Microsoft Excel. At its heart is a powerful, fully featured Apt FIX engine that is completely integrated into an Excel spreadsheet. Thus, a trader can have FIX connectivity with the simplicity, power and familiarity of a spreadsheet. The key to FIXcel is that it is totally compatible with existing Excel programs. It can be installed and working in minutes, which offers a quick, easy low cost entry into the world of electronic trading.
FIXcel key features
· Enables customisation of trading models, using standard Excel commands
· Gives the user the power to design and execute complex models with fully scriptable, standard Visual Basic for Application (VBA)
· Transmits trades from an Excel model and updates the results in real time
· Native Windows application eliminating the need for cumbersome third party middleware
· Once installed and running, all the FIX sessions are handled automatically without user intervention
· Works with Windows 98, NT and 2000
· Requires only a desktop PC, eliminating the need for complicated hardware/software infrastructure
About Apt Computer Systems Limited
Apt is the premier provider of connectivity software and leading edge FIX protocol tools for the financial industry. The company’s comprehensive range of FIX engine software gives financial organisations the ability to trade electronically and move closer to STP (straight through processing) of their business transactions. The combination of Apt’s unique FIX implementation methodology and its FIX simulation tool set enables businesses to quickly and easily gain competitive advantage. Founded in 1998, Apt is headquartered in Edinburgh. For further information visit: http://www.aptcompsys.com/
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For further information please contact:
Linda Handley
Apt Computer Systems Limited
7-9 North St David Street
Edinburgh EH2 1AW
Tel: +44 (0)131 524 9450
Email: sales@aptcompsys.com