FFastFill is the leading SaaS Provider for trading and risk management serving the electronic trading community.

FFastFill announces new contract with NYSE LIFFE
Monday, 20 October 2008 01:00

FFastFill plc, the leading provider of application services to the electronic trading community, announces today a new application service provision (“ASP”) contract with NYSE Liffe, LLC, the U.S. futures exchange of NYSE Euronext (“NYX”), to provide it with a fully managed service for FFastFill's eFills exchange ‘trade fills' system.

eFills provides authorised exchange participants with a real-time view of client-specific trade data through a secure, high performance web portal. eFills offers access to trade fills, independent of a firm's trading front-end, serving as a contingency system in the event of primary connectivity interruptions or failures.

NYSE Liffe, which received Designated Contract Market (“DCM”) status on August 21 and launched on September 8, 2008, provides a fully transparent, liquid market for 100 oz. gold futures; 5,000 oz. silver futures; options on gold and silver futures; and mini-sized 33.2 oz. gold and 1,000 oz. silver futures. Utilising the proven LIFFE CONNECT (R) trading platform designed and maintained by NYSE Euronext Technology, NYSE Liffe plans to introduce new products and innovative services in 2009.

Keith Todd, Executive Chairman and CEO of FFastFill said:

"I am delighted to announce that we have been selected by NYSE Liffe for this service so quickly after its startup.  This is the first time we have provided a service directly to the exchange, although we have been an ISV partner on the LIFFE CONNECT (R) trading platform for many years. The eFills ASP deployment leverages our proven software and infrastructure capabilities, resulting in superior service quality and fast deployment timescales." 

For further information please contact:

FFastFill plc

Keith Todd , Chairman and Chief Executive Officer +44 (0)20 7665 8930
Patrick Thornton-Smith , Director of Marketing +44 (0)20 7065 7542

Financial Dynamics

James Melville-Ross / Matt Dixon / Emma Appleton +44 (0)20 7831 3113

KBC Peel Hunt (Nominated Advisor)

Oliver Scott +44 ( 0)20 7418 8900

Rostron Parry
John Parry +44 (0)20 7490 8062

About FFastFill

FFastFill is the leading provider of application services to the global derivatives community. 

FFastFill's services and solutions use the latest developments in technology to automate trade flow processes across a firm's front, middle and back offices. FFastFill's solutions encompass electronic order routing, clearing, risk management and back office as part of an integrated, yet modular system architecture.

FFastFill's application services provide institutions with cost savings in their administrative and IT departments and significantly reduce or eliminate the investment costs associated with maintaining their own technology infrastructure.

All of FFastFill's services are delivered against a contracted Service Level Agreement (SLA), which can be tailored to an institution's business requirements. This quality of delivered service has been enabled through the deployment of a uniquely engineered and totally managed software and technology infrastructure.