| FFastFill Announces Connectivity with BGC US Treasury Markets |
| Friday, 03 October 2008 01:00 |
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Chicago and London, Friday 3 October, 2008 - FFastFill plc, a leading provider of application services to the electronic trading community, announced today that it has become the first Independent Software Vendor (“ISV”) to pass conformance requirements with BGC US Treasury (“UST”) markets via the BGC Vendor Partnership Program*. FFastFill can now offer its clients direct access to BGC's electronic markets for UST. In addition, FFastFill will continue to build its market offering for BGC products, with certifications for other products including European Government Bonds (“EGBs”) and Foreign Exchange (“FX”). This announcement continues FFastFill's expansion into new asset classes as part of its strategy to offer single-screen, multi-asset class trading. In addition, the commitment to provide EGBs and FX via BGC adds to the access to liquidity pools that FFastFill can provide its customers. Keith Todd , Executive Chairman and CEO of FFastFill said: “I am delighted to have been able to work with BGC to increase market competitiveness and be the first ISV to offer connectivity to the BGC UST markets through the partnership program . The FFastFill application service means our customers will now be able to trade cash bonds and fixed income futures from a single screen. Our fast and flexible deployment provides customers with a cost effective and reliable trading platform." Robert Brown, Senior Managing Director, Global Futures at BGC Partners commented: “We're very pleased to be partnering with FFastFill to initiate our official Vendor Partnership Program. The vendor community provides an important access point to BGC's highly liquid electronic markets. This deal represents the beginning of a much closer relationship with FFastFill, as well as with other vendors, who will now be able to provide their clients with ready access to the rapidly growing range of products on BGC's electronic platform.” John Parry * For more information on the Vendor Partnership Program contact Robert Brown on: +312 469 7552 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
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.
About BGC BGC Partners, Inc. (Nasdaq: BGCP) is a leading, fast growing, and global inter-dealer broker, specializing in the brokering of financial instruments and related derivatives products. BGC Partners provides integrated voice, hybrid, and fully electronic execution and other brokerage services to the world's largest and most creditworthy banks, broker-dealers, investment banks, trading firms, and investment firms for a broad range of global financial products, including fixed income securities, interest rate swaps, foreign exchange, equity derivatives, credit derivatives, futures, commodities, structured products, and other instruments. Through its eSpeed and BGC Trader brands, BGC Partners uses its proprietary, built, and paid for technology to operate multiple buyer, multiple seller real-time electronic marketplaces for the world's most liquid capital markets. The Company's pioneering suite of tools provides end-toend transaction solutions for the purchase and sale of financial products over its global private network or via the Internet. BGC Partners' neutral platform, reliable network, straight-through processing and superior products make it the trusted source for electronic trading for the world's largest financial firms. Through its BGCantor Market Data brand, the Company also offers globally distributed and innovative market data and analysis products for numerous financial instruments and markets. BGC's unique partnership structure and extensive employee ownership creates a distinctive competitive advantage among its peers. Named after fixed income trading innovator B. Gerald Cantor, BGC Partners has 16 offices worldwide that are located in New York and London , as well as in Beijing (representative office), Chicago , Copenhagen , Hong Kong , Istanbul , Johannesburg , Mexico City, Nyon, Paris , Seoul , Singapore , Sydney , Tokyo and Toronto . For more information, please visit www.bgcpartners.com |