Imported from previous forum
[ original email was from Annie Walsh - aw@cameronsystems.com ]
Citigroup Deploys CameronFIX SEATS Interface for FIX Direct Market Access to Australian Stock Exchange
Citigroup first to market with CameronFIX SEATS Interface for connection to Australian Stock Exchange (ASX) using the FIX Protocol.
SYDNEY, AU – Monday August 2, 2004 — Global financial services company Citigroup and Financial Information Exchange [FIX] connectivity provider Cameron Systems today announced the recently released CameronFIX SEATS Interface and Market Mirror has been selected by Citigroup Australia to provide them with connectivity to the ASX using the FIX messaging standard.
The CameronFIX SEATS Interface is one module from the Cameron Systems Direct Market Access (DMA) Architecture, which works with the Cameron Systems FIX engine to enable FIX messaging to interact with SEATS execution. The SEATS Interface provides Citigroup Australia with fast, completely standard FIX connections whilst supporting and handling complex SEATS operations on the Australian Stock Exchange. Citigroup also deployed the Cameron Systems Market Mirror, which keeps track of orders in the market.
"Cameron Systems responded quickly to our requirements for a fast and flexible FIX connection that could easily handle SEATS and provide our customers with FIX direct market access to the ASX," said Citigroup’s Vice President, Equity Electronic Trading, Ben Valentine. "The CameronFIX SEATS Interface presented well during our evaluation process as it required minimal configuration and was easily integrated with our existing trading system."
"We are pleased Citigroup Australia is utilizing the CameronFIX SEATS Interface and the Market Mirror to provide FIX direct market access," said Cameron Systems Commercial Director, Martin Koopman. "Today’s announcement highlights Cameron System’s commitment for delivering the FIX connectivity solutions required to meet the rapid globalization of the financial services industry."
CameronFIX provides comprehensive support for the FIX protocol specification versions 4.0 to 4.4 and workflows including IOIs, orders, lists, executions, and allocations. CameronFIX is deployed globally across more than fifteen countries through Europe, North America and Asia Pacific.
The FIX protocol is the globally recognized messaging standard enabling the real-time electronic communication of pre-trade and trade messages between financial institutions, primarily investment managers, broker/dealers, ECNs and stock exchanges.
About Cameron Systems
First released in 1997, the CameronFIX Engine is a highly scalable implementation of the Financial Information Exchange protocol; the messaging standard developed specifically for the real-time electronic exchange of securities transactions. CameronFIX provides comprehensive support for FIX versions 4.0 to 4.4 and workflows including IOIs, orders, lists, executions, and allocations.
The CameronFIX Engine is suitable for large and medium size fund managers, brokers and exchanges, as well as smaller companies who use the FIX protocol. Cameron Systems provides proven, dedicated and global FIX integration and connectivity solutions with worldwide 24/7 technical support from its offices in New York, London and Sydney. Cameron Systems client base is global in over 15 countries across North America, Europe and Asia Pacific. Major customers include UBS, Fidelity Management and Research, Knight Securities, CIBC World Markets, Nomura Securities, Barclays Capital, LatentZero, Charles River Development, RCM, Gartmore Investment Management, MFS Investment Management and Dresdner Kleinwort Wasserstein. Cameron Systems has Consulting, Support and Reseller Partners in Germany, France, South Africa, Japan, Hong Kong and the U.S. For additional information see www.cameronsystems.com
Cameron Systems is a Global FIX Protocol Limited Member.
Cameron Systems is next exhibiting at SIBOS Atlanta October 11 – 15, 2004 – stand F104 [directly opposite the SWIFT stand].
Contacts:
Annie Walsh, Cameron Systems
Tel +61.[0]412.867.068
aw@cameronsystems.com
Martin Koopman, Cameron Systems
Tel +61.[0]414.016.052
mk@cameronsystems.com
Ben Valentine, Citigroup
Tel +61.[0]2.8225.4466
ben.valentine@citigroup.com