Finextra: Fixnetix becomes Aquis Exchange extranet provider
September 23, 2013
Fixnetix, global managed services provider for ultra-low latency market data, trading and risk control, announced today a continued path of growth spanning three continents, North America, Europe and Asia.
The London-based company has become an extranet provider for Aquis Exchange, a pan-European venue slated to start trading by years end. Fixnetix is also a Network Service Provider (NSP) and Vendor of Record (VOR) for market data at Direct Edge, a growing equity market who recently announced a merger with BATS. For Fixed Income, Fixnetix offers trading and market data for EURO MTS. On the risk control front, Fixnetix has deployed iX-eCute, the ultra-low latency pre-trade risk FPGA which is executing trades in Canada (TMX) the USA (Nasdaq) and Japan (TSE).
“As one of the last independent neutral providers in the Fintech space, we are able to extend our knowledge and expertise to customers worldwide,” says Hugh Hughes, Chief Executive of Fixnetix. “With the deployment of our risk control FPGA in three countries and by continuing to add new markets to our network; Fixnetix has become a very cost efficient outsourced supplier.”