WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Web Hosting Computer Hardware Friday, April 20, 2018 
Add Press Release News | News Feeds Feeds | Email This News Email


Exegy Launches Trade Port FX Service
Monday, April 16, 2018

Exegy Launches Trade Port FX Service

ST LOUIS, April 16, 2018 /PRNewswire/ -- Exegy Inc., a leading provider of managed services and low-latency technology for market data normalization and distribution, announced today the launch of Exegy Trade Port FX, a fully managed FX market data and order execution solution. Trade Port FX delivers network connectivity, normalized market data, and order entry to major FX venues as a fully managed service. The comprehensive solution enables sell-side banks, buy-side fund managers, and multi-national corporations to meet all their FX market access requirements via a single vendor. This is an increasingly attractive solution as the FX markets experience rapid and simultaneous growth in market fragmentation, speed and functionality requirements, and the costs and complexity of building, maintaining, and managing trading infrastructure. "We view the macro environment in FX to be driving firms to managed technology solutions that we are well-positioned to deliver. Over the past ten years, we have refined our ability to provide fully managed solutions that are differentiated by their performance, functionality, ease-of-use, and quality of service," said chief executive officer James O'Donnell.

Access to Exegy Trade Port FX is provided via a cross-connection at the co-location data centers for FX markets in London and New York. Future points of presence in Asian data centers will be enabled based on customer demand. Through a single network connection within the data center, trading applications gain on-demand access to major FX trading venues and liquidity providers, insulating firms from the cost and complexity of establishing and maintaining connectivity to an increasingly fragmented market. Consistent single-digit microsecond speed and a rich set of data aggregation and filtering features are provided by Exegy's purpose-built, hardware-accelerated computing appliances. The combination of managed venue connectivity and bespoke computing appliances allows Trade Port FX to deliver normalized FX market data and order execution through a unified, FX-specific API. Applications can dynamically customize their real-time data views, including composite pricing across venues. To streamline workflows and expedite implementation schedules, Exegy also provides easy-to-use sample applications and code-generation tools for a wide variety of applications.

Over the past ten years, Exegy has established an impeccable reputation for providing high-performance, managed market data solutions for global equities, derivatives, commodities, and fixed income trading. Exegy began adding FX venues to its market data feed handler portfolio in 2012, winning adoption from leading banks and buy-side fund managers. Exegy tapped industry veteran Karl Dundon to lead the expansion of its FX offering to include order entry functionality and managed venue connectivity. "Trade Port FX is simply the right technology and service model for the FX markets today," said Dundon. "Exegy assembled a team with deep industry experience and unmatched technology prowess to deliver a transformative product to the marketplace. We have also been greatly aided by expert guidance and enthusiastic encouragement from our Tier 1 clients," added Dundon.

About Exegy, Inc.
Exegy provides best-of-breed technology and managed services for the normalization and distribution of real-time market data to a diverse set of elite firms in the financial services industry. Today Exegy serves as a strategic partner to leading exchange and ATS operators, market makers, sell-side banks, buy-side asset managers, and proprietary traders. At the heart of Exegy's product line are purpose-built, hardware-accelerated appliances derived from an extensive portfolio of patented and patent-pending technology. For more information, please visit www.exegy.com and follow Exegy on LinkedIn and Twitter @ExegyMarketData.

Contact:
Diana Leach
Exegy, Inc.
1 314 218 3622
media@exegy.com

View original content with multimedia:http://www.prnewswire.com/news-releases/exegy-launches-trade-port-fx-service-300629723.html

SOURCE Exegy, Inc.



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav Lenovo Tops Laptop Mag's Annual Brand Rankings As Apple Falls Further | Apr 20, 2018
Nav Developments in the Educational Technology Market | Apr 20, 2018
Nav ChipMOS SCHEDULES FIRST QUARTER 2018 FINANCIAL RESULTS CONFERENCE CALL | Apr 20, 2018
Nav Bytom's AI + Blockchain Algorithm Debut at MIT as Chinese Blockchain Industry Takes Off | Apr 20, 2018
Nav Feiyu Introduces the G6, Providing Perfect Vision in One Hand | Apr 19, 2018
Nav Aura Frames Announces Quartz Smart Photo Frame | Apr 19, 2018
Nav Microsemi Collaborates with MathWorks to Deliver First Integrated FPGA-in-the-Loop Workflow for PolarFire and SmartFusion2 FPGA Development Boards | Apr 19, 2018
Nav This Morning's Technical Outlook on Insurance Stocks -- Aon PLC, Arthur J. Gallagher, Brown & Brown, and Marsh & McLennan | Apr 19, 2018
Nav iQIYI to Release World's First 4K VR Integrated Headset Supporting 8K Panoramic Video Playback | Apr 19, 2018
Nav Q1 ushers in 4.99 per cent spend increase over the same quarter in 2017 | Apr 19, 2018
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News