Press Release:
OnixS announces directConnect: CME Group Cleared Trades (CT) API solution
London: Wednesday 17th November 2010 – OnixS announces the release of the OnixS directConnect: CME Group Cleared Trades (CT) API solution.
The CME Group Cleared Trades (CT) API is a toolkit designed to allow CME Group market participants to connect to the Exchange via an API for retrieval of FIXML 4.4 messages containing NYMEX, COMEX and DME Division cleared trade information.
The CT API allows Exchange clearing member and trading firm participants to view their Exchange trading, off-Exchange trading, and clearing activity via subscription and query messages using Straight Through Processing (STP) thus reducing processing time and minimizes trade reporting errors.
Wayne Meikle, Commercial Director of OnixS said “The OnixS CME Group Cleared Trades API is another OnixS pre-certified solution that extends our CME Group market data and trading solution set support for market participants. For these participants with increasing volumes and diverse trading arrangements the CT API service and our CT API solution provides an optimal integration platform for trade visibility and risk management systems.”
The key benefits of the OnixS directConnect: CME Group Cleared Trades API solution are:
• Pre-tested and CME Group pre-certified - thus saving time and money in integration testing.
• Supported – service level guarantee that the implementation is production strength, and will support current and future enhancements.
• Easy-to-use and flexible API – designed for rapid integration with existing STP architectures, with a common API style for multi-venue implementations.
• Flexible logging – ability to analyze and diagnose issues and activity quickly
• Included fast-start source code reference implementations with client and benchmarking samples – designed for rapid familiarization and to get up and running rapidly.
For those interested enough to read this far, more information and evaluation implementations are available via info@onixs.biz
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About OnixS:
OnixS (www.onixs.biz) 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, brokers, liquidity pools and routing networks designed for rapid and efficient integration to automated trading strategies.
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
