| FFastFill Connects to ELX |
| Tuesday, 17 March 2009 01:00 |
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EXL Futures, L.P. (Electronic Liquidity Exchange) has announced that FFastFill plc has been certified for ELX order and market data flow connectivity. Keith Todd Chairman and CEO of FFastFill comments, ‘This announcement underlines FFastFill's commitment to continually extending the number and range of trading venues to our customers. For some time we have been offering the BGC Partners eSpeed platform for cash bonds and the addition of the ELX further supports our multi-asset coverage.'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. About ELX ELX Futures, L.P. is a new electronic futures exchange formed by leading financial institutions to establish a faster, more efficient competitive alternative for global market participants trading futures contracts ELX will use the proven technology of the BGC Partners' eSpeed platform modified for futures executions, and enhanced for additional capacity and speed. ELX will allow its users to connect to the eSpeed platform in one of several ways: directly through eSpeed's proprietary Application Protocol Interface (API); through an Independent Software Vendor (ISV) which has itself programmed to eSpeed's API; and in future releases via Financial Information eXchange (FIX) Protocol , an industry standard communication protocol. ELX's initial slate of products will include US Treasury futures with underlying nominal bond maturities of two, five, ten and 30 years. For further information please contact: |