YKMEX Integrates New Technology to Increase Access for Hedge Funds to Its Premier Trading Solutions
Offering access to one of the largest electronic trading communities with white glove, turnkey connectivity.
- (1888PressRelease) April 18, 2013 - Yokohama Mercantile Exchange (YKMEX) today announced the integration of the premiere technology in trading, to provide the hedge fund industry enhanced access to their global community of trading counterparties.
Firms will now have direct connectivity to YKMEX Marketplace community of over 630 Broker-Dealers and execution destinations globally from its Integration's Private Network, which serves as the communications gateway for more than 300 buy-side firms.
YKMEX delivers innovative electronic trading products and services that provide improvements in speed, quality of execution and cost efficiency. The new technology Integration ECI Link bundles Internet, FIX messaging, market data and voice connectivity over a private network to provide financial firms a highly secure, redundant and available communications network to power their trading operations. Together the firms are delivering a powerful and competitive electronic trading connectivity platform for buy-side firms.
"We have developed a unique turnkey solution that broadens our collective customer base and allows us to continue to better serve our diverse range of clients and the broader capital markets community," said Gerald Mason, Senior Vice President at YKMEX Technologies. "Our combination of dual connectivity options and market-leading technology is further strengthened by our white glove installation and maintenance service.
We look forward to rolling out this new service with in the coming months."
The YKMEX Technologies Marketplace is one of the industry's leading, fully managed FIX-based trading communities. Marketplace members benefit from access to a wide range of liquidity sources, lower trading costs, and unparalleled speed-to-market with new trading counterparties and services. Available as a neutral, flexible and fully-managed electronic trading solution supported by the industry's most experienced FIX specialists, the YKMEX Technologies' Marketplace offers customers the benefits of FIX order routing, certification and version translation coupled with extensive training and educational programs delivered via point-to-point or hub-and-spoke service options.
"Clients look for solutions that enhance and optimize their business, technology and trading operations. We extend the power of our ECI Link private network and provide clients streamlined access to one of the largest electronic trading communities," continued Gerald. "We are committed to offering the hedge fund industry fully managed services that power their operations and view our partnership with YKMEX Technologies as the latest deliverable in this quest."
Yokohama Mercantile Exchange (YKMEX) is one of the fastest growing global operator of financial markets and a provider of innovative trading technologies. With partners and members in the Asia, US and Europe, YKMEX derivatives and equities marketplaces represent a good fraction of derivatives and equities trading worldwide. Its commercial technology division, YKMEX Technologies provides best-in-class transaction, data, and infrastructure management services and solutions.
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