Imported from previous forum
[ original email was from Annie Walsh - aw@cameronsystems.com ]
Australian Stock Exchange Selects Cameron Systems for All FIX Connectivity
Sydney, Australia: Monday August 1, 2005: The Australian Stock Exchange, in conjunction with Cameron Systems, announced today that ASX has selected the CameronFIX Universal Server platform to provide Financial Information Exchange protocol [FIX] trading connectivity for its Integrated Trading System [ITS]. FIX is the only globally proven protocol trading solution available.
ASX is the first top 10 exchange to offer a fully integrated platform for the trading of all listed securities and will use the CameronFIX platform for all FIX trading across equities, derivatives and fixed income products. The addition of FIX to ITS will assist ASX to enhance the capital liquidity of its markets by promoting and encouraging the ongoing growth of Direct Market Access. ASX ITS is based on the OMX CLICK XT™ Exchange System.
The CameronFIX Universal Server platform connects thousands of institutions globally and provides the leading engine for FIX trading to give firms access to global markets, high availability, low latency, integrated compliance, monitoring, exception management, business insight reporting, market data services and much more.
Group Executive of ASX Technology, Jeff Olsson, said “FIX is the leading global connectivity protocol for financial trading because of the extensive business benefits and ASX is leading the mainstream exchanges in offering FIX at the heart of our platforms.”
“CameronFIX is widely regarded as the best FIX platform available,” said Mr. Olsson, “In CameronFIX we have selected the most reliable, high performance FIX engine to meet our FIX trading requirements for the Integrated Trading System. Performance is a key factor to facilitate the strong growth in the ASX markets. CameronFIX trading across all ASX products will provide ASX and its customers with compelling functional and financial benefits.”
“We are pleased the ASX has selected the leading CameronFIX platform for ITS,” said Cameron Systems CEO Peter Cooper. “CameronFIX has proved to be the best answer for the ASX Integrated Trading System and we look forward to contributing further to trading on the ASX as we have with other leading global exchanges across a variety of instrument types.”
Founder and Chief Technology Officer for Cameron Systems, John Cameron said, “We are pleased to be continuing our involvement in the development of the ASX trading platform by providing FIX connectivity for the next generation.”
About FIX
The FIX [Financial Information Exchange] protocol is the globally recognised messaging standard enabling the real-time electronic communication of pre-trade, trade and post-trade messages between financial institutions, primarily investment managers, broker/dealers, ECNs and stock exchanges across all instrument types.
About ASX
The Australian Stock Exchange operates Australia’s primary market for equities, derivatives and interest rate securities using world leading technology systems for trading, clearing and settlement.
ASX is currently eighth on the Morgan Stanley Capital International (MSCI) global index, which measures free-float capitalization, with an equities capitalisation of A$975 billion^ (ex NewsCorp). Latest ASX shareholder research shows that 55% of Australians now own shares, indicating the highest rate of share ownership in the world.
ASX provides access to a wide range of investment products for retail and institutional investors including options, warrants, futures, interest rate securities and listed managed investments offering enormous choice and investment flexibility. Recent years have shown strong performances and growth in many of these markets.
ASX devotes substantial resources to market supervision with a commitment to the principles of transparency and good corporate governance. The Australian Clearing House (ACH) is a wholly owned subsidiary of ASX, is the central counterparty clearing house providing integrated counterparty risk management on all transactions on all ASX markets. ASX also provides tailored and comprehensive technology management services to suit the operational requirements of external organisations and conducts a variety of web-based investor education services.
By promoting integrity, transparency and liquidity, ASX operates strong, confident and efficient capital markets.
www.asx.com.au
^As at 30 June 2005
About Cameron Systems
Cameron Systems is the only globally proven Financial Information Exchange – FIX - protocol trading solutions provider for worldwide Brokers, Fund Managers, Exchanges, Transaction Networks and Software Vendors across the banking 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.
The CameronFIX SEATS Interface, one module from the Cameron Systems Direct Market Access (DMA) Architecture, uses the FIX messaging standard to provide FIX direct market access with load balance and reliable high performance connections to the ASX. The CameronFIX CLICK Interface is another module in this architecture.
With offices located in New York, London, Tokyo, Sydney and Shanghai, Cameron Systems works with its sales and support Partners globally 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 banking and financial firms have selected the CameronFIX platform. These include Nomura Securities, Standard Chartered Bank, Credit Suisse First Boston, Singapore Stock Exchange, Warsaw Stock Exchange, Fidelity Management and Research, Knight Securities, UBS, Citigroup, Barclays Capital, Charles River Development, CIBC World Markets, MarketAxess, Gartmore Investment Management, MFS Investment Management, Macquarie Bank, International Securities Exchange (ISE) and Dresdner Kleinwort Wasserstein.
Cameron Systems is next exhibiting at the FIA Derivatives Asia Conference in Beijing, China – August 9 – 11 and SIBOS, Copenhagen, September 5 – 9.
Cameron Systems is a Premier Member of the FIX Protocol Organisation.
Media contacts:
Gervase Greene, National Manager, Corporate Relations ASX
Gervase.Greene@asx.com.au, +61.2.9227.0464
Annie Walsh, Manager Global Marketing & Communications, Cameron Systems
annie.walsh@cameronsystems.com, +61.412.867.068