Imported from previous forum
[ original email was from Kate Ardini - kate.ardini@nyfix.com ]
New York, August 24, 2005: NYFIX, Inc. (NASDAQ: NYFX), worldwide provider of electronic trade infrastructure, today announced that the Central Tanshi Securities has selected the Appia™ FIX Engine as the FIX interface for its’ JGB Trading System. Central Tanshi Securities is a fixed income brokerage firm providing an electronic matching system for Japanese Government Bonds (JGBs), to facilitate the trading of JGBs among broker-dealers and banks. In the first phase of implementation, Central Tanshi Securities will distribute Market Data and Execution Reports via FIX 4.4. The first phase is expected to be in full production sometime this summer. Central Tanshi Securities is already in development for the second phase, where electronic submission of order/cancel/amend will be supported on a FIX interface.
Appia’s mature FIX architecture provides streamlined connectivity to trading counterparties with stability, low latency, high throughput, high availability, and a flexible plug-in framework that allows users to extend core engine functionality to precisely suit their trading needs.
Pat Simonetti, General Manager of JGB division said “Central Tanshi Securities has selected NYFIX’s APPIA product not simply to offer advanced connectivity to their clients and the market as a whole, but also to maintain our commitment to be an innovator and market leader in Japan. Our goal is to continuously enhance our presence in the Japanese Government Bond inter-dealer market. We are a fully committed and dedicated team that can offer proactive support, by continually stretching the market place to meet customers’ requirements. An important part of our assignment was to build a state-of-the-art electronic brokerage system for the JGB market, and the Appia FIX Engine’s interface has given us an advantage and outstanding performance to fit this requirement. Our sales force will now be able to offer both voice and electronic trading to our clients, keeping them better informed during the pre- and post-trade process, while allowing them to operate in the market with total confidence through our electronic trading platforms.”
"Our client base in Japan has continued to expand on a yearly basis as we see the market recognizing that NYFIX is a global provider of advanced electronic trading and order routing solutions”, commented Gen Utsumi, NYFIX Japan Country Manager. “We are delighted that Central Tanshi Securities, one of the leading market participants in Japan, has selected NYFIX’s Appia FIX Engine as their FIX interface.”
Robert Rooks, Director of Sales for NYFIX Global FIX Technology commented: “We are continuing to invest in and expand our local business in Japan. Like Central Tanshi Securities, we consider it an essential part of our business to provide local proprietary support and maintenance services through our own dedicated support teams for all our products and services. We plan to continue to grow with our offices locally, regionally and globally.”
The NYFIX suite of products provides a one-stop-shop for the worldwide financial community’s FIX trading needs, as evidenced by its penetration of worldwide Exchanges, Brokers, Fund Managers, Transaction Networks, Software Vendors and other participants.
NYFIX, Inc, a Premier Member of the FIX Protocol Organization, is exhibiting at the FPL Electronic Trading Conference, November 1-2, 2005, in New York.
About Central Tanshi Securities
Central Tanshi Securities a part of the Central Tanshi Group in Japan is a leading fixed income brokerage firm providing its clients with electronic access to the Japanese Government Bond (JGB), Structured Notes and Corporate Offerings as well as facilitating trading within the domestic and international broker-dealers and banking community.
About NYFIX
NYFIX, Inc. through its subsidiaries and affiliate provides electronic trading technology infrastructure and execution services to brokerage firms and institutional investors. NYFIX products and services automate trading workflows by streamlining data entry and seamlessly integrate electronic order and execution handling. NYFIX offers a complete electronic desktop order management solution, stationary and wireless handheld exchange floor technology; FIX (Financial Information eXchange Protocol) messaging and monitoring tools and a high volume trade execution platform. Its products deliver straight through processing (“STP”) for front, middle and back office trade transaction processing. NYFIX maintains multiple data centers and an extensive network of electronic circuits that link industry participants for electronic trade communication and provides access to the global equities and derivatives financial markets.
NYFIX, a pioneer in the FIX-based solutions offers a FIX-compliant product suite. NYFIX’s core technology, which includes equity solutions for listed and over-the-counter markets, derivatives and future products, as well as its Appia and Instant Integrator products, are complemented by NYFIX’s broker- dealer operations, which offers its NYFIX Millennium ATS and trade execution services. Headquartered in Stamford, Connecticut, NYFIX has additional offices in New York City, Chicago, San Francisco, London and Madrid. For more information, please visit http://www.nyfix.com.
Contacts:
Central Tanshi Securities Co., LTD
Naoyuki Isomura
Information Technology Dept.
Central Tanshi Securities Co.,Ltd.
3-3-14 Nihonbashi Hongokucho,
Chuo-ku, Tokyo 103-0021
Phone 81-3-5202-7513
isomura@central-sec.co.jp
NYFIX, New York
Robert Rooks
Director of Sales, NYFIX Global FIX Technology
100 Wall Street, 26th Floor
New York, NY 10005
Phone 212-809-3542 Phone
Robert.Rooks@nyfix.com
NYFIX, Local Japan Office
Gen Utsumi
Japan Country Manager, NYFIX Global FIX Technology
Tokyo Building 3F
Nihonbashi 1-2-10,
Chuo-ku, Tokyo 103-0027
Phone 81 3 5441 6557
Gen.Utsumi@nyfix.com