Imported from previous forum
[ original email was from Kate Ardini - kate.ardini@nyfix.com ]
August 25, 2005, New York: NYFIX, Inc (NASDAQ: NYFXE), worldwide provider of electronic trade infrastructure, today announced that the Susquehanna International Group, Inc. has selected the TradeScope™ platform to monitor their Appia® FIX engines. The Susquehanna International Group is a leading institutional sales, research and market making firm providing liquidity and best execution in global financial markets.
David Lenowitz, Chief Information Officer for the Susquehanna International Group, said, “We chose the Appia FIX engine because it was the best solution for our needs. When it came time to expand our monitoring and alerting capabilities, we easily decided to go with TradeScope, a platform that is robust, feature rich and gives us the ability to monitor and manage our FIX infrastructure. We were also attracted to NYFIX’ proprietary global support presence and its commitment to be there if we need it.”
Mr. Lenowitz and his team feel that TradeScope has and will continue to enhance the monitoring and alerting of their FIX infrastructure, enabling them to concentrate their efforts and resources on other areas of their trading infrastructure.
Robert Rooks, Director of Sales for NYFIX Global FIX Technology, says of the partnership with the Susquehanna International Group, “We are confident that Susquehanna’s selection of both APPIA and now TradeScope will enhance their ability to develop, manage and monitor their global FIX connectivity. As market leaders, both Susquehanna and NYFIX are continuing to form an ever closer global relationship that relies upon the ability of NYFIX to develop its products, applications and global support infrastructure and stay ahead of the curve. Susquehanna has joined an APPIA and TradeScope user base that is increasing globally and relies on NYFIX to provide local, regional and global support through our wholly-owned support centers in Asia, Europe and the US.”
About NYFIX, Inc.
NYFIX, Inc. through its subsidiaries 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 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 and Appia® and Instant Integrator™ products, are complemented by NYFIX’s broker-dealer operations, which offer 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.
About Susquehanna International Group
Formed in 1987, the Susquehanna International Group of companies (SIG) is a leading institutional sales, research and market making firm active in financial markets on five continents.
SIG in Brief
• 1400+ employees in research, sales, trading and IT with offices in the U.S., Europe and Asia
• 125+ institutional sales professionals including sales trading, research sales and analysts
• Provider of differentiated equity research
• Institutional sales in listed, NASDAQ, ETFs, options, ADRs and programs
• Market maker in over 6,000 NASDAQ and listed stocks
• Introducing broker on the NYSE with 100% floor coverage
• Extensive algorithmic trading capabilities
• Among the largest U.S. option market makers and specialists
• The leading liquidity provider in exchange traded funds
• The leading sector index options trading firm
• Extensive ADR and international securities trading
• Capabilities in OTC equity, currency and fixed income derivatives
Contact:
Robert Rooks
Director of Sales, NYFIX Global FIX Technology
100 Wall Street, 26th Floor
New York, NY 10005
(212) 809-3542 Phone
Robert.Rooks@nyfix.com