FIX Flyer, a leader in solutions for electronic trading, announced today that Grupo Bursatil Mexicano, one of the leading brokers in
Mexico, uses both the Flyer Engine and Daytona Monitoring for their FIX messaging.
GBM uses Flyerâs tools for their client order flow as well as routing to exchanges in Mexico, Brazil and North America. GBM uses Daytona and the Flyer Engine to monitor and support FIX sessions with all of their counterparties in real-time. In addition, the
combined solution lets GBMâs traders respond to their clients needs with dynamic trade busting, routing latency metrics, and real-time order chain management. By providing even higher levels of support for their customers, GBM is in a strong position to attract
clients beyond Mexico.
FIX Flyer is also working closely with GBM to integrate with the Bolsa Mexicana de Valoresâ new FIX offering. The Bolsa, the largest equities exchange in Mexico, will soon support orders from FIX connections and GBMâs relationship with Flyer has allowed them to respond quickly to this exiting new opportunity in the Mexican market.
âWe have embraced the vision of electronic trading in order to provide the very best execution for our increasingly sophisticated clients,â said Enrique Rojas, Director of International Business Development at GBM in Mexico City. âWe adopted FIX Flyerâs
solution two years ago, and because of their solid reliability and superb performance we have been able to aggressively expand our algorithmic and low-latency trading programs for the direct benefit of our institutional clients around the globe.â
GBM chose FIX Flyer for the core FIX components since the solution is easy to support, scalable, and high-performance. In addition, GBM needed to ensure that the solution would give all of their clientâs comfort that they can handle the potential of a dynamic
and quickly emerging marketplace. Because of Flyerâs unmatched proficiency and experience as an overall FIX solution, GBM realized early in their evaluation process that Flyer extended their support and tools beyond the other conventional solutions. FIX Flyer works in some of the most demanding trading environments in the world, and that experience makes the product valuable to customers like GBM.
âWe are delighted that GBM uses our engine and tools as the core components in their architecture,â boasted Brian Ross, CEO of FIX Flyer. âNo other company in the world matches our heritage and we are glad that GBM also believes that great performing FIX infrastructure is good for investors all over the world.â