Tokyo, 12 November 2008 – MetaBit confirms its high performance, low latency FIX exchange connectivity solution is suitable for Tokyo Stock Exchange (TSE)’s recently announced co-location services for offshore trading firms, that will request direct participation in Japan’s largest exchange. メタビットは自社のローレインテンシー、ハイパフォーマンス取引所FIX接続ソリューションが東京証券取引所(東証)のオフショアトレーディング機関のためのコロケーションサービス向けに新たに提供開始されたと発表しました。これにより海外の機関は日本最大の売買高を誇る取引所に直接参加できるようになります。
Since 2003, MetaBit has actively deployed its pure FIX-to-native exchange connectivity for high performance trading access to Japan’s exchanges, including the commodity exchange. The architecture of MetaBit’s technology is based on the world’s leading Orc CameronFIX engine. Today, securities companies select MetaBit’s FIX-to-native exchange connectivity solution for its standardised FIX API that combines high performance and low latency, with cost efficient support.
“On 30 September 2008, TSE announced its plans for “Remote Trading Participant Services” that will allow offshore firms with no branch in Japan, direct market participation. This will facilitate increased liquidity for Japan’s markets,” explains John Edwards, MetaBit CTO. “Our company’s FIX exchange connectivity to TSE represents a particularly convenient solution for such trading firms. The product, branded “Alpha,” allows easy trading access through a standardized FIX interface that rationalizes TSE’s native API whilst achieving consistently high performance combined with low latency. MetaBit’s FIX solution can be deployed in the announced co-location services at TSE, at other data centers, or at a Japan broker member’s site.”
* Performance of MetaBit’s FIX to native exchange connectivity Alpha product, has been independently measured to provide throughput above 3,000 messages per second and average latency below 2 millisecond per order at a sustained through-put of 800 orders per second1. * アルファは秒速3,000メッセージ以上、1オーダーのレイテンシーは2ミリ秒以下、1秒800オーダーを常時処理するというパフォーマンス数値を残しています※1。
“Japan’s exchanges have often believed FIX to be slow,” continues Edwards, “but MetaBit’s FIX exchange solution has a proven track record since 2003, and has successfully demonstrated that FIX is capable of high performance and low latency. TSE’s native API is often difficult for non-Japanese firms to build connectivity to, and ongoing support becomes particularly time consuming due to ongoing changes to the API. To have built a standardised FIX API removes all such concerns for our clients, and delivers trading access to TSE in a format that is very familiar to all firms deploying FIX.”
Today, MetaBit’s FIX exchange connectivity clients consist of broker members varying from Japanese domestic players, to global brokerage firms that trade multi-asset classes on all of Japan’s major exchanges ranging from cash equities, index futures and options, CBs to commodity futures. 今日、メタビットのFIX取引所接続ソリューションは国内のブローカー及び、日本の全ての主要取引所で取引される株式、指数先物・オプション、CB、商品先物を含めマルチアセットクラスに対応したグローバルなブローカーが導入しております。
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* 1Performance measured on the following hardware: HP Proliant DL385, 2x Dual Core AMD 2Ghz, RHEL4 Update 2, 64-bit. * 1パフォーマンスは次のハードで測定: HP Proliant DL385, 2x Dual Core AMD 2Ghz, RHEL4 Update 2, 64-bit.
About MetaBit
MetaBit is the provider of the MLH (Market Liquidity Hub), an Asian broker portal that offers Direct Market Access (DMA) to 34 brokers and access to ten exchanges through its intuitive buy side trading tool XiliX. The MLH is also accessible through the FIX Protocol, and provides access to more than 1,800 execution destinations worldwide in conjunction with MetaBit’s FIX partner networks. MetaBit is the only provider of pure FIX to native exchange connectivity to TSE, OSE, JASDAQ and TOCOM that focus on sustained high performance and low latency. Other products include Exchange Message Simulators to Japan’s major stock exchanges, and FIX testing and certification products. MetaBit actively promotes FIX throughout Asia.
Partners include leading network provider BT Radianz, number one FIX connectivity solution provider Orc Software, renowned FIX testing and certification system provider Greenline Financial Technologies, and the world’s largest exchange provider NASDAQ OMX.
For more information please visit http://www.meta-bit.com <http://www.meta-bit.com/>
Media Contacts, Koiji Ito, +81 3 3664 4160, sales@meta-bit.com
Source:Meta-Bit,12.11.2008
Filed under: Australia, Exchanges, FIX Connectivity, Japan, News, Trading Technology, Algo Trading, Asia, ダニエル・ブルギン氏, メタビット, CameronFIX, Co-Location, Commodities, Daniel Burgin, Derivatives, DMA Direct Market Access, Exchanges, FIX, Futures and Options, Index, Japan, JASDAQ, Low Latency, Mercado Electronico, MetaBit, MLH Market Liquidity Hub, negociação eletrônica, Offshore Trading, OMX, ORC, Order Routing, OSE Osaka Stock Exchange, Roteamento de Ordens, smart order routing, TOCOM Tokyo Commodity Exchange, Tokyo, Trade Connectivity, Trading Hubs, Trading Network, Transação Eletrônica, TSE Tokyo Stock Exchange, XiliX, 指数先物・オプション、, 日本の金融市場向