Tuesday 15 March 2011

Press Release: OnixS announces Solid FX market access solution

www.onixs.biz

Press Release:

OnixS announces Solid FX market access solution


London: Tuesday 15th March 2011 – OnixS announces the availability of a calibrated FIX based market data and trading solution for the Solid FX currency trading platform.

Developed by Solid Trading B.V., Solid FX is a Foreign Exchange trading platform, providing deep liquidity in virtually every currency pair. Solid FX offers a transparent platform with a near zero latency matching engine, conforming to the business rules seen on regulated exchanges.

The OnixS Solid FX solution is a packaged software distribution that includes the OnixS selfConnect FIX engine, a calibrated and tested Solid FX FIX dialect variant implementation, and Solid FX specific reference implementation source code sample market data and trading client software for “out-of-the-box” testing for developers to quickly integrate with the Solid FX FIX API.

Wayne Meikle, Commercial Director of OnixS said “We worked with Solid Trading and mutual customers to create this packaged Solid FX connectivity solution. The benefits are primarily two fold – to provide Solid FX customers with a proven and supported Solid FX trading platform access solution, and to provide Solid FX with a solution for rapid customer onboarding.”

“We’re pleased to work with OnixS to provide an “out of the box” connectivity solution to provide the most efficient onboarding process and best possible FX trading experience,” said José Baptista, Director, Solid Trading B.V. “Solid FX is the only true multi-bank ECN based in mainland Europe, offering a single, reliable central counterparty for clearing and settlement combined with low latency, high reliability, full transparency and no execution fees. This solution makes us a highly attractive FX venue for existing OnixS customers, and offers an excellent Solid FX platform access solution for our own customers.”

For those interested, the OnixS evaluation reference implementations are available via info@onixs.biz

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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 with venue specific calibrated FIX dialects and reference implementation source code samples designed to be easily integrated within existing .NET, C++ and Java application frameworks.

The OnixS directConnect products are calibrated and certified market data, trading and drop-copy solutions for a wide range of exchanges, brokers, liquidity pools and routing networks designed for rapid and efficient integration to automated trading strategies.

www.solid-fx.com

About the Solid Trading and the Solid FX platform – www.solid-fx.com :

Solid Trading B.V. is a privately-held IT development & consultancy company, specialized in automated FX trading solutions and custom software development for the financial sector. With Solid FX, Solid Trading B.V. offers a mature and fully featured trading platform with a AAA rated counterparty and full STP trade confirmations eliminating counterparty risk.

Solid FX is a state-of-the-art currency trading platform, build on stable and superior technology. The platform offers unique features for professional and institutional currency traders, risk managers and demanding treasury. Besides FIX connectivity Solid FX offers 24 hour free global access and trading through our web-based GUI. The Solid FX matching engines co-located in the financial centers of the world provide deep liquidity to market participants. Next to this, high reliability and customer service are major focus points to ensure an optimal trading experience.

 

For more information contact:

Wayne Meikle

wayne.meikle@onixs.biz

+44 20 7117 0111

Walter Hendriks

walter@solid-fx.com

+31 6 50 579 299