FOR IMMEDIATE RELEASE
Exegy and TRAFiX Announce Strategic Partnership for Data
Exegy now delivers real-time market data to TRAFiX OMS/EMS trading platforms
ST. LOUIS and NEW YORK – 25 April 2019 – Exegy Inc., the leading provider of managed services and low-latency technology for market data normalization and distribution, and TRAFiX, a global, broker-neutral, multi-asset trading platform - today jointly announced a strategic partnership to offer Exegy real-time market data to TRAFiX OMS/EMS trading platform customers.
“TRAFiX is excited to announce its integration with Exegy which will provide clients with real-time access to Exegy’s low-latency market data feeds within the TRAFiX trading applications,” said TRAFiX managing director and global head of sales Michael Ottrando. “In today’s complex markets, working closely with top-tier technology providers empowers our customers with access to best-of-breed functionality and service within a single trading environment.”
“For over a decade, Exegy has delivered mission-critical, low-latency market data to the leading market makers, proprietary traders, ATS operators, agency execution businesses, and buy-side asset managers in the industry. Those same proven solutions can now drive terminals and display applications at a dramatically lower cost,” said Exegy chief executive officer James O’Donnell. “We bring a level of experience, perspective, and technological expertise that other terminal data providers simply cannot compete with.”
The Exegy DataPort service provides a simple and cost-effective Data-as-a-Service user experience with bundled feed connectivity, hosted infrastructure, and comprehensive managed services. The tiered service offering addresses a broad spectrum of market data requirements from latency-critical algorithmic trading in co-location data centers to terminal applications with Internet connectivity. TRAFiX is the first partner to leverage Exegy’s new ability to serve as Vendor of Record for display applications consuming real-time market data. The new partnership delivers cost-effective access to Exegy’s DataPort service to users of TRAFiX’s next generation OMS/EMS trading technology.
The partnership allows market participants to address increasingly complex and fragmented markets with a single trading platform. The offering combines TRAFiX’s broker-neutral, multi-asset trading technologies with Exegy’s proven real-time normalization and distribution technologies for low-latency equity and options market data. TRAFiX clients can now access Exegy’s rich content and powerful features at a significantly lower cost as part of a fully integrated trading and market data solution. The availability of Exegy DataPort data on TRAFiX will allow equity, options, index, and OTC traders to respond quickly to market changes, deploy new trading strategies, access new markets, and improve investment performance in a direct and cost-efficient manner.
TRAFiX and Exegy will be showcasing their new partnership and integrated technologies at the 37th annual Options Industry conference in Miami on May 1st through 3rd. Representatives from both firms will be onsite to answer questions regarding TRAFiX OMS/EMS and Exegy DataPort solutions.
TRAFiX LLC is a Fintech company and broker-neutral technology provider founded to supply cutting-edge, innovative Order and Execution Management solutions, as well as real-time FIX connectivity and normalized API interfaces, to address the functional and regulatory requirements of the Financial Services Industry. Our real-time, scalable products have been specifically designed to utilize the latest enhancements in software development and enterprise architecture to resolve the growing challenges faced by today’s trading community. Currently supporting electronic equity, option and complex option trading, our open architecture allows for the ongoing addition of future asset classes. For more information, please visit www.trafix.com or contact firstname.lastname@example.org.
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 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.
FOR IMMEDIATE RELEASE