ST. LOUIS and NEW YORK – 23 April 2019 – Exegy Inc., the leading provider of managed services and low-latency technology for market connectivity and price aggregation, has announced the recent successful completion of certification testing of the firm’s integration with Cboe FX. The conformance test demonstrates Exegy’s ability to provide order entry for all standard order types and TIFs, in addition to its proven low-latency price normalization and aggregation capabilities.
Cboe FX provides market participants with a full depth-of-book view, centralized price discovery, anonymous market access through Cboe’s network of prime brokers, and streaming quotes from a diverse set of market participants.
The certification enhances Exegy’s FX Trading solution, TradePort FX, to include order handling for Limit, Iceberg, Market, Day, and IOC orders on the Cboe FX ECN. TradePort FX is a fully managed solution for low-latency market connectivity and bespoke price aggregation from over 45 FX trading venues. For businesses with a broader mandate to trade Fixed Income, Currencies, and Commodities (FICC), Exegy provides clients with the ability to access an additional 40 fixed income and commodities venues via the same managed solution.
Leveraging the high capacity of its patented technology, Exegy is able to deliver this comprehensive solution more efficiently and cost-effectively.
“The successful certification of our liquidity connection with Cboe FX, not only provides our clients with the confidence that our service is functioning per the Cboe’s standards, but also supports the order types necessary to execute their FX trading strategies,” says Exegy FX Product Manager Karl Dundon. “Exegy has always been client-driven. Our FX customers continue to ask us for additional sources of liquidity and order types, and our Cboe FX ECN certification is just one example of our ability to deliver,” Dundon went on to say.
About Exegy, Inc.
Exegy provides best-of-breed technology and managed services for the normalization and distribution of real-time market data to a diverse set of elite firms in the financial services industry. Today Exegy serves as a strategic partner to leading exchanges, market makers, sell-side banks, buy-side asset managers, and proprietary traders. At the heart of Exegy’s product line are purpose-built, hardware-accelerated appliances derived from an extensive portfolio of patented and patent-pending technology.
Exegy’s FX trading solution, TradePort FX, offers the quantifiable cost structure of a fully hosted and managed solution coupled with the powerful liquidity and connectivity aggregation capabilities enabling optimum pricing, trading, risk and execution strategies. Exegy promotes the design of robust electronic markets through its MarketDataPeaks service that reports real-time market data feed rates. For more information, please visit www.exegy.com and follow Exegy on LinkedIn and Twitter @ExegyMarketData.
Contact: Exegy, Inc. firstname.lastname@example.org