Imported from previous forum
Ullink, the Global Transactional Connectivity Provider working with the financial community, announced today that it has been selected by Rabobank Securities to provide Direct Market Access to Euronext.
This announcement highlights Ullink’s continued success into providing Direct Market Access (DMA) to the leading exchanges for equities and futures and options. Rabobank Securities has reported significant improvements in performance since going live on Ullink’s Market Gateway. This access has proved to deliver fast connectivity with a latency of under of two milliseconds to translate orders from FIX to the MMTP on the native market protocol using an Entry level server. The new direct connection with Ullink has provided Rabobank’s reputation as one of the fastest and most effective brokers an added boost.
Rabobank’s confidence in the Ullink’s Market Gateway confirms Ullink as a leader in the transactional connectivity market. Not only has Ullink demonstrated its ability as one of the fastest Direct Market Access connections but it has also been recognised for their responsiveness and availability in consultancy and maintenance. Moreover Ullink’s system has proven easy to implement due to its user-friendly interface.
“We have decided to develop our access on Euronext’s native protocol- MMTP- because of performance and functional reasons” commented Laurent Useldinger, the CEO of Ullink, “Rabobank has always strived to be one of the fastest platforms in Europe and trusted our technology to achieve this. This really encourages us to continue our effort to enhance our connectors’ library with direct exchange links.”
Lars Polling, ICT and FIX specialist with Rabobank Securities’ Business Development team has stated: “Ullink currently maintains over 1,000 connectors worldwide and implements FIX across all asset classes, complying with the most sophisticated trading requirements such as algorithmic trading and best execution. Ullink is a valuable partner for us.”
A brief summary of Rabobank
Rabobank, the Netherlands’s largest bank and the world’s 14th largest bank, is one of the most respected banks in the world. Rabobank is the only Triple-A rated bank in the world by Moody’s and S&P and consistently named the world’s safest private commercial bank.
About Rabobank Securities
Rabobank Securities, which serves over 70% of the top 50 global asset managers, is the equity investment and brokerage arm of the Rabobank Group. Rabo Securities was the first Dutch investment bank to offer Electronic Order Routing. Its Advanced Automated Access platform is one of Europe’s fastest and top rated electronic platforms.
Rabo Securities’ Business Development team is a leading-edge, ideas driven, solution minded, group of interdisciplinary experts spanning across a wide range of areas, working as one to create tailor made solutions for its clients.
A brief resume of Ullink:
Ullink (www.ullink.com) is a global provider of electronic trading solutions, working with large and medium sized financial institutions throughout the world. With over 1000 connections established, Ullink has attained an unrivalled level of expertise in the connection of FIX counterparties. Ullink has offices in Paris, London and New York and achieves the highest standards to satisfy the most demanding of requirements.
For more information about our ASP services, see our websites: www.ullink.com and www.ullink.net .