Press Release: OnixS adds CME iLink DropCopy risk management service support

Press Release:

  OnixS adds CME iLink DropCopy risk management service support

London: Monday 24th May 2010 - OnixS, the specialist provider of high performance multi-platform, multi-venue market access data and trading handlers, announced the addition of the CME FIX iLink DropCopy solution to the range of OnixS directConnect CME Group market access solutions.


Support for the CME DropCopy service enables receipt of real-time copies of CME Globex execution reports and reject messages as they are sent over iLink sessions, thus enabling visibility on order execution and reject activity as a tool for risk management.

OnixS now offers out-of-the-box CME AutoCert+ pre-certified direct market access solutions for:

 
• CME Globex Electronic Trading - OnixS directConnect: CME Globex iLink FIX Order Routing solution
 
• Market Data feed and Order Book Management  - OnixS directConnect: CME FIX/FAST 2.0 Market Data Handler
 
• Risk Management real-time order and execution monitoring - OnixS directConnect: CME FIX iLink DropCopy solution
  
   

Wayne Meikle of OnixS said “We’re pleased to add CME DropCopy support to expand our offering for all CME Group markets. The OnixS directConnect CME solutions ease the burden of keeping up with technology platform changes, servicing the increases in trading volume and risk, along with the complexity of market infrastructure changes. They are all pre-certified solutions designed by OnixS to save our customers time and money implementing and maintaining these key DMA components.“

Supported implementation platforms include C++ on Windows, Linux (CentOS, Fedora, RedHat, SuSE, Ubuntu, Gentoo etc), Sun Solaris x86 both 32-bit and 64-bit, .NET 2.0 and .NET 3.5 (C#, VB.NET, etc) both 32-bit and 64-bit, and JAVA JDK 1.5+.


For more information or evaluation and reference implementation implementations please contact info@onixs.biz.

- Ends -

About OnixS www.onixs.biz :

OnixS is a specialist software business providing high performance multi-platform, multi-venue market data and trading software solutions with a Pay As You Use (PAYU) subscription commercial model.

The OnixS products include the OnixS selfConnect range of FIX engine and FAST encoder/decoder components designed to be easily integrated within existing .NET, C++ and Java application frameworks.

The OnixS directConnect products are calibrated and certified market data and trading solutions for a wide range of exchanges, ECNs, and brokers designed for rapid and efficient integration.

About CME Group:

As the world’s leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk.  CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.   CME Group brings buyers and sellers together through its CME Globex electronic trading platform and its trading facilities in New York and Chicago.  CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort.  These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

For more information contact:

  Wayne Meikle

  wayne.meikle@onixs.biz

  +44 20 7117 0111