Imported from previous forum
[ original email was from Alexander Rivkind - alik@btobits.com ]
New York, NY - Wednesday, October 24, 2007 - B2BITS Corp, the leading provider of technology for FIX connectivity, today announced that SDS Financial Technologies provider of Alternative Trading Solutions has implemented B2BITS FIXEdge for advanced order routing across multiple asset classes and destinations.
SDS selected the FIXEdge technology to provide the highest throughput and the lowest latency possible to handle its growing order capacity and demands of Market Makers for increased quoting velocities. “B2BITS FIXEdge helped us to create a state of the art routing hub combining flexibility, high throughput and low latency,” notes Peter Maragos, Managing Director of SDS.
SDS is deploying the FIXEdge technology in a Hub Architecture to provide
flexible connectivity to clients, as well as providing routes to
destinations for equities, options and futures to NYSE, AMEX, ISE, STING,ARCA, PHLX, NYBOT, CME and others. The FIXEdge Hub supports all versions of FIX protocol. A distinguishing feature of FIXEdge is the order tracking tool program, which allows clients to connect remotely and manage orders or even cancel orders.
FIXEdge can be deployed in a windows clustered environment. It is
benchmarked on middle level hardware (single dual core CPU, 2 GB RAM) at
15,000 transactions per second with all the routing rules invoked with a
latency of 0.001 milliseconds per transaction. Higher performance and lower latency are achievable with faster hardware.
“We are delighted that SDS is using FIXEDGE” said Mark Bisker, CEO of
B2BITS. “Working with SDS, B2BITS has implemented a unique routing
environment, which will serve clients for routing all asset classes.”
B2BITS will exhibit at the 4th Annual FPL Americas Electronic Trading
Conference 2007 on November 1 & 2, 2007 New York Marriott Marquis Times Square, New York, NY.
About B2BITS (www.b2bits.com)
B2BITS is a financial markets software company committed to providing its clients with industry leading technology. Our unique approach delivers the most complete range of FIX products, exchange adapters, trading software and other financial messaging protocols to clients ranging from the largest broker to the smallest hedge fund.
About SDS Financial Technologies (www.sdsft.com )
Founded in 1988, SDS Financial Technologies, Inc. is a New York- based,
leading provider of electronic trading solutions and market data systems.
SDS is headquartered in downtown Manhattan and an in house world-class
development center in Bangalore, India. The SDS development team specializes in large, real-time Alternative mission-critical Alternative Trading Systems. SDS clients include major stock and futures exchanges as well as some of the largest and most successful financial services companies in the world.
For more information, please contact sales@b2bits.com, or call Mark Bisker, at B2BITS +1-888-378-0666.