ASX Signs CameronTec for Continued FIX-Based Services
The Australian Stock Exchange (ASX) announced May 23 it will continue to rely on CameronTec’s CameronFIX technology to address its FIX-based market services for clients. ASX has offered its customers the compelling functional and financial benefits of CameronFIX since 2005. The latest agreement with CameronTec was completed in Q2 2011 and is based on CameronTec’s licensing subscription model.
Andrew Lennox, General Manager – Markets Technology ASX, says, “ASX is grateful to CameronTec for continuing to provide CameronFIX technology, enabling connectivity between the ASX and its exchange clients. ASX and CameronTec have a longstanding and successful relationship, which has delivered an industry standard FIX format with minimum latency to market participants and information vendors.”
“CameronTec provides an increasing number of exchanges worldwide with FIX technology to support their business requirements,” says Anders Henriksson, CEO, CameronTec. “We are pleased to continue working with the Australian Stock Exchange to power their FIX Infrastructure and provide their clients with the flexibility and performance they require.”
At the core of CameronTec technology is a unique understanding of the FIX world that comes from a concentration of the world’s largest FIX deployments. With a host of industry-firsts, Catalys and CameronFIX technology provide unprecedented levels of flexibility and innovation that firms need to sustainably differentiate in today’s markets.