Imported from previous forum
[ original email was from Annie Walsh - aw@cameronsystems.com ]
MarketAxess Selects CameronFIX Engine
New Enhancement Expands Use of FIX Protocol for Fixed Income Trading
New York, NY, Tuesday November 16, 2004:— Leading global Financial Information Exchange [FIX] engine provider Cameron Systems today announced MarketAxess Corporation, the operator of a leading electronic trading platform for U.S. and European high-grade corporate and emerging markets bonds, has selected Cameron to provide a FIX Engine for its electronic bond trading platform, expanding its use of the FIX protocol.
MarketAxess will utilize the CameronFIX engine to provide institutional investors with access to its electronic trading platform via the FIX protocol. MarketAxess institutional investor clients are able to use FIX to trade U.S. and European high grade corporate and emerging market bonds on the trading platform.
"The integration of the CameronFIX engine was seamless and gives us enhanced ability to efficiently support orders, executions and post-trade allocation messages, " Jon Dean, STP Product Manager at MarketAxess, said. “CameronFIX is providing MarketAxess with a scalable platform allowing us to deliver custom solutions to our clients.”
“Cameron Systems is committed to actively supporting FIX protocol usage within the fixed income market,” said Cameron Systems Commercial Director, Martin Koopman. “We are pleased to see the CameronFIX engine being used for fixed income by the majority of companies therefore making Cameron Systems the clear leader in this space.”
Cameron Systems recently announced successful fixed income FIX deployments with the Bond Exchange of South Africa (BESA) and MFS Investment Management.
Cameron Systems, an Associate Member of the Bond Market Association, will be exhibiting at the Bond Market Association’s 9th Annual Fixed Income Summit & Expo in New York on December 8, 2004.
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.
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 Fidelity Management and Research, Knight Securities, CIBC World Markets, UBS, Nomura Securities, Barclays Capital, LatentZero, Charles River Development, Portware, 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 USA. For additional information see www.cameronsystems.com
Cameron Systems is a Global FIX Protocol Limited Member and is SWIFTNet FIX Accredited.
About MarketAxess
MarketAxess operates one of the leading platforms for the electronic trading of corporate bonds and certain other types of fixed-income securities, serving as an electronic platform through which our more than 500 active institutional investor clients can access the liquidity provided by our 19 broker-dealer clients. MarketAxess’ multi-dealer trading platform allows our institutional investor clients to simultaneously request competitive, executable bids or offers from multiple broker-dealers, and to execute trades with the broker-dealer of their choice. MarketAxess offers our clients the ability to trade U.S. high-grade corporate bonds, European high-grade corporate bonds, U.S. Treasury, and emerging markets bonds. MarketAxess also provides data and analytical tools that help our clients make trading decisions and we facilitate the trading process by electronically communicating order information between trading counterparties. MarketAxess’ current participating dealers are: ABN AMRO, Banc of America Securities, Barclays PLC, Bear Stearns, BNP Paribas, Citigroup Global Markets, Credit Suisse First Boston, Deutsche Bank Securities, Goldman Sachs, HSBC, J.P. Morgan Chase, Lehman Brothers, Merrill Lynch, Morgan Stanley, The Royal Bank of Scotland, SG Corporate & Investment Banking, Spear Leeds & Kellogg, UBS, and Wachovia Securities.
For additional information see www.marketaxess.com
Contacts:
Annie Walsh, Cameron Systems
+61.412.867.068
aw@cameronsystems.com
Martin Koopman, Cameron Systems
+1.212.858.7701
mk@cameronsystems.com