CLSA Expands Use of CameronFIX across Asia-Pacific and US Markets
CameronTec, the financial industry’s leading provider of FIX infrastructure and connectivity solutions and wholly owned subsidiary of Orc Software, today announced that CLSA Asia-Pacific Markets, Asia’s leading independent brokerage and investment group, plans to significantly expand its use of CameronFIX for FIX infrastructure trading requirements within the Asia-Pacific and US markets. A valued CameronFIX customer since 2004, the terms of this latest deal were agreed in Q2 2010 and are based on CameronTec’s licensing subscription model.
The expanded use of CameronFIX by CLSA within the Asia-Pacific region will see it utilised across major regional markets including China, Korea, Malaysia, India, Japan, Taiwan, Thailand, Australia, Japan, Indonesia, Singapore and the Philippines.
Chief Information Officer for CLSA Asia-Pacific Markets Thiyagarajah Rajah says: “As CLSA continues to expand its business globally, our trading protocol applications based on the Financial Information eXchange specification are critical to ensuring our clients have very reliable and fast access to all the major markets. As a long-standing CameronFIX customer, we are confident this technology is the best FIX connectivity solution available today.”
Asia Pacific Sales Director for CameronTec Wais Metzing comments: “We welcome CLSA’s expanded use of CameronFIX. As a leading customer in the Asia Pacific region, this is positive development for CameronTec in the Asian markets. Local participants in both Asia and the US will benefit from significant electronic trading improvements provided by CameronFIX in such critical areas of latency and uptime, thereby more closely achieving optimum trading efficiency.”
CameronFIX is the outcome of 13+ years continuous investment in FIX performance, scalability, interoperability and robustness. Larger investment firms, brokers, exchanges and regulators on all five continents, as well as an increasing number of boutique firms seeking high standards for FIX, use CameronFIX for their performance based FIX applications.
In line with our commitment to respond to customer needs and deliver performance enhancements through incremental CameronFIX version upgrades, CameronTec will release CameronFIX version 6.5 during Q4.