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NYSE Technologies extends CameronTec FIX enginee relationship in Asia Infrastructure

 CameronTec, the global financial industry’s long-standing provider of FIX infrastructure and connectivity solutions and wholly owned subsidiary of Orc Group (SSE: ORC), today announced an agreement with NYSE Technologies to continue providing the CameronFIX and Catalys technologies for its Asian operations.  Signed in August, the agreement also covers reseller rights for CameronTec products in Japan and is based on CameronTec’s licensing subscription model.

NYSE Technologies recently acquired Metabit, the Tokyo-based provider of high performance market access products that includes a trading community of more than 140 trading firms throughout Japan and Asia.  Continuing the existing relationship between Metabit and CameronTec, CameronFIX has powered many of Metabit’s valued market assets and solutions since 2002.

“Japan and Asia are key priorities for NYSE Technologies and our global customers.  Our products are built in Asia for the local market and CameronFIX has been an important part of that strategic offering since 2002,” said Daniel Bürgin, Head of Asia Pacific, NYSE Technologies. “As a new product line within NYSE Technologies, Metabit will continue to work with CameronTec to provide high performance connectivity to Japan’s exchanges while offering local market participants access to and support for Cameron’s suite of solutions.”

“We are especially pleased to be working alongside NYSE Technologies to continue to deliver FIX technology as part of the Metabit product suite and have them support our products throughout such a critical market as Japan,” says Anders Henriksson, CEO, CameronTec. “CameronTec is continuously working to improve the standard in FIX infrastructure and to provide our markets with cutting edge innovation for which we are renowned. These developments are a further demonstration that CameronTec continues to lead the industry in FIX innovation.”

At the core of CameronTec technology is a unique understanding of the FIX world that comes from a concentration of the world’s largest FIX deployments. With a host of industry-firsts, Catalys and CameronFIX technology provide unprecedented levels of flexibility and innovation that firms need to sustainably differentiate in today’s markets.

Source: NYSE Technologies, 07.12.2011

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Filed under: Asia, Hong Kong, Japan, Korea, Malaysia, Singapore, , , , , , , , , , ,

John Cameron launch FIX Consulting Firm Cameron Edge

Former CameronFIX Chief Architect and Orc Software Chief Technology Officer, John Cameron, has departed Orc Software to establish the consulting firm, Cameron Edge.

Providing expert IT services to the worldwide financial industry, Cameron Edge specializes in the areas of electronic trading systems and the Financial Information eXchange Protocol.

Buy side, sell side and exchanges with internal or external system requirements for routing, market data, FAST, etc, will benefit from Cameron’s specialist domain expertise and know-how.

Cameron Edge services include:

  • Review of existing systems with an eye to refactoring for increased stability and ease of support, performance tuning, evolution/migration to future architectures
  • Analysis, design and coding assistance for new systems
  • FIX system review and design
  • FIX performance tuning
  • FIX training

“The tougher it gets for members of the financial industry, the more efficient their computer systems need to be,” says Cameron Edge principal, John Cameron. “Unprecedented market conditions have simultaneously presented financial firms with their greatest challenges and opportunities and Cameron Edge aims to assist firms gain ‘an edge’ over their competitors through superior IT.”

John Cameron was the original author of the leading CameronFIX Engine acquired by Orc Software in 2006. Cameron Edge will maintain a close relationship with Orc, providing complementary custom services to Orc’s CameronFIX customers.

100% of the fees for John Cameron’s services are donated to a selection of well-known charities.

Source: Finextra, 03.06.2009

Filed under: Asia, Australia, FIX Connectivity, News, Trading Technology, , , , , , ,

MetaBit offers low latency FIX connectivity for TSE’s Remote Trading Participants – メタビット、東証「リモート取引参加者」へ高速FIX接続を提供

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/&gt;
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, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Brazilian Broker Liquidez Selects ORC for Trading and Connectivity Solutions

Orc Software the leading global provider of technology for advanced derivatives trading and connectivity, today announced that Liquidez, one of Brazil’s largest futures brokers, has selected Orc’s trading and connectivity solutions to connect customers to local markets. This deal was booked Q2 2008.
Liquidez will use Orc Trader and Orc CameronFIX to directly trade the BM&F, Brazil’s derivatives exchange. In addition, Orc CameronFIX will allow Liquidez to receive customer order flow from customers in Brazil and around the world and direct this order flow to BM&F.

BM&F, the fourth largest derivatives exchange in the world, earlier this year announced their intention to launch a direct market access (DMA) initiative based on the FIX protocol standard.

“As BM&F moved towards offering FIX based market connectivity, we knew that we needed to act quickly to allow our customers to take advantage of this direct market access,” notes Ernesto Pinto of Liquidez. “We have grown to be one of Brazil’s largest futures brokers by implementing the services and technology that our customers demand. By choosing Orc for our trading and connectivity solutions, we believe we will be able to continue to serve our customers well in trading the Brazilian markets. In addition, with Orc CameronFIX, we have the flexibility to allow our customers to trade on markets outside of Brazil based on their demands and requirements.”

“We are happy to have Liquidez join our growing Brazilian client base,” says Steve Lukes, VP of Americas Sales for Orc Software. “Liquidez is on the fore-front of the Brazilian market and represents the new wave of firms that are deploying our advanced derivatives trading and connectivity solutions to meet the new market dynamics in Brazil.”

Orc Trading provides the competitive edge to trade from a single platform capable of running thousands of complex trading strategies simultaneously. Orc Trading is used by financial firms worldwide for enhanced trading, pricing and risk management on electronically traded derivatives.

The world’s leading banking and financial firms rely on the high performance trading capabilities of the Orc CameronFIX – the only globally proven FIX platform for brokers, fund managers, exchanges and software vendors across the securities, investment, banking and finance industries.

Source: ORC 22.09.2008

Filed under: BM&FBOVESPA, Brazil, Exchanges, FIX Connectivity, Latin America, News, Trading Technology, , , , , , , , , , , , , , ,

Cameron Systems – 1st FIX Platform Vendor in Shanghai

Another first sees leading CameronFIX Engine available for all FIX trading in China – building on European & US experience.

London & New York: Tuesday March 29, 2005 — The only globally proven Financial Information Exchange protocol [FIX] platform provider Cameron Systems today announced the opening of an office in Shanghai, China in response to the growing adoption of the FIX protocol within the region and the resulting increased demand for the leading CameronFIX Universal Server FIX Engine.

Whilst the Chinese securities market was established only 15 years ago with the opening of the Shanghai Stock Exchange in 1990 and the Shenzhen Stock Exchange one year later, China has rapidly emerged as potentially one of the largest equities and commodities markets within the international trading community and likely to eclipse the current uptake rate of the FIX protocol in Europe.

Senior representatives from Cameron Systems have spent considerable time in China during the past few years establishing the foundations for Cameron’s presence in the region with strong interest in FIX from market leaders preparing for international opportunities and competition. With the Shanghai office scheduled to open Q2 2005, Cameron Systems has recruited senior staff to provide locally skilled CameronFIX development and support for the Greater China financial community, primarily Shanghai, Hong Kong and Beijing.

In Shanghai last week, Cameron Systems’ CEO Peter Cooper said: “We are delighted to make this announcement. Cameron Systems is committed to expanding its presence in the Chinese financial markets to deliver the benefits of the Financial Information Exchange (FIX) open standard. FIX is being rapidly adopted in China and as the FIX leaders we are seeing most of the demand – and we are meeting that demand – with the No.1 FIX engine CameronFIX. Our decision to open a dedicated local office was predicated on providing excellent service for the Chinese customer base just as we do for the rest of the world today. Like all our offices, Cameron Systems Shanghai will be staffed with world class developers that contribute to our product development and serve clients in all regions.”

Chris Biscoe, Co-Chair of the FIX Protocol Organization’s Asia Pacific Regional Committee, congratulates Cameron Systems for being the first FIX engine provider to establish a center in mainland China. “Today’s announcement highlights the important role Cameron Systems is playing with the expansion of the FIX protocol in China. FPL recognizes and thanks Cameron Systems for its ongoing commitment to actively promoting the FIX protocol globally.”

“Our aim is to be the leading FIX solutions provider for the local banking and financial sector in China,” said Founder and Chief Technology Officer for Cameron Systems, John Cameron. “We are excited about the potential of FIX in China and feel honored to be able to play a small part in the astonishing economic miracle that is China today.”

Today’s announcement follows Cameron’s recent successful FIX Direct Market Access implementations with major Exchanges including Singapore Exchange, Deutsche Bourse, Tokyo Stock Exchange, Australian Stock Exchange and Osaka Securities Exchange with more underway.

Cameron Systems is the only globally proven Financial Information Exchange protocol [FIX] trading solutions provider for worldwide Brokers, Fund Managers, Exchanges, Transaction Networks and Software Vendors across the banking and financial industry. Celebrating 8 years of success in 2005 with more connections, more customers and more products, Cameron Systems continues to help grow financial markets worldwide by actively supporting and playing a leading role in the expansion of the FIX protocol. Cameron Systems has been a Premier Member of FPL the global industry body for FIX since 2003.

Filed under: Australia, China, Exchanges, FIX Connectivity, News, Trading Technology, , , , , ,