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Discussions > Latin America > FIX Flyer Expands Further in Latin America with Addition of UBS Mexico

FIX Flyer Expands Further in Latin America with Addition of UBS Mexico

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Leon Figa
867 days ago,(2011/12/01)

FIX Flyer Expands Further in Latin America with Addition of UBS Mexico

Selected as FIX Infrastructure Provider

NEW YORK, NY — December 1, 2011 — FIX Flyer, a leader in solutions for electronic trading, global connectivity, today announces further expansion into Latin America with the addition of UBS Mexico, the Mexican unit of global investment bank UBS. UBS Mexico has selected both the Flyer Engine and Daytona Monitoring Tool for their FIX messaging infrastructure in order to provide state–of–the–art FIX order routing services for their clients around the world.

There is strong interest in the Mexican markets from the global investment community. The overwhelming majority of investors interested in trading in Mexico are looking for expertise from an international broker with local knowledge of market performance and an unbiased view. FIX Flyer is working with UBS Mexico to bring state of the art routing and connectivity services making it easy to access the Mexican market.

UBS Mexico uses Flyer’s FIX Engine for routing client orders to the Bolsa Mexicana de Valores, the equities exchange in Mexico. In addition, UBS Mexico uses the Daytona Monitoring Tool to support FIX sessions with their counterparties, allowing them to respond to their client’s needs with the highest levels of support. Daytona also provides UBS Mexico dynamic real-time alerting, latency metrics, and real–time order chain management especially necessary for algorithmic trading. In the last year that FIX Flyer has been selling FIX Engine and Daytona to the Mexican market, the number of production instances have increased by 240 percent while message throughput has grown by over 400 percent. The FIX Flyer Engine and Daytona product suite provide integrated electronic trading, routing and monitoring to over 170 clients worldwide, and serves most of the top tier Mexican equity brokers.

"We are excited to be working with one of the most prestigious names in the broker dealer community in Mexico", said Brian Ross, CEO of FIX Flyer. Continues Mr. Ross, "we are delighted that UBS Mexico also believes in a high performing FIX infrastructure as part of their continuous growth strategy. We are delighted that UBS Mexico relies on our engine and tools as the core components of their client routing FIX infrastructure. No other company in the world matches our expertise and quality and we are glad that UBS Mexico also believes that great performing FIX infrastructure is makes the difference to the world’s traders."

About FIX Flyer

With over 170 clients worldwide, including UBS, Barclays, Berenberg Bank, GBM, Bank of America Merrill Lynch, Goldman Sachs, and JP Morgan, FIX Flyer develops advanced technology for managing complex, multi–asset, institutional securities trading using highly scalable software and network technologies. FIX Flyer provides Managed FIX services, the Daytona trade monitor, the Ignition regression testing, certification and trade validation tool; Flyer Online OMS; and tools for commission and risk management. The Flyer Engine is the first FIX server designed to manage high volume, ultra low latency trading networks and ECNs, easily scaling to thousands of connections. FIX Flyer hosts and partners with Equinix, the leading global provider of network–neutral data center and interconnection services and Netezza, the world’s leading data warehouse appliance company. FIX Flyer is an IBM Business Partner with real world experience with systems hardware and the Netezza accelerated data storage platform. FIX Flyer has headquarters in New York City with offices in Boston and Hyderabad India. FIX Flyer trading software tools are additional distributed and supported in Germany, Austria, Switzerland, Belgium, Netherlands and Luxembourg by FIX Solutions (fixsolutions.de) in Frankfurt. Visit fixflyer.com for company information and to request a free demonstration. Follow us on twitter.com/fixflyer.

For more information about FIX Flyer please contact:
Marketing
FIX Flyer
+1 212 288–7935
marketing@fixflyer.com