ELECTRONIC TRADING NEWSFLASHES

Citigroup Australia Directly Connects Its Clients to Australian Stock Exchange With CameronFIX SEATS Interface; Cantor Fitzgerald and eSpeed to Establish New World Headquarters in NYC; SG Corporate and Investment Banking to Implement Application Networks Inc.'s JRisk Risk Management System; MB Trading to Be Added on HyperTrader's Online Host System List of Available Brokers

Citigroup Australia Directly Connects Its Clients to Australian Stock Exchange With CameronFIX SEATS Interface

Brokers at Citigroup Australia can now connect their clients directly to the Australian Stock Exchange (ASX) through the auspices of the CameronFIX SEATS (Stock Exchange Automated Trading System) Interface and Market Mirror, developed by Cameron Systems. The interface, which uses the standardized FIX (Financial Information Exchange) protocol, "provides [Citigroup's] international clients with FIX direct market trading access to the ASX, [and it] deploys the Cameron Systems Market Mirror to keep track of DMA [Direct Market Access] orders in the market," as stated in the press release.

The Cameron FIX SEATS interface is said to multitask, providing a fast FIX connection, while "supporting and handling complex SEATS operations [such as] upward quantity amendments that require the introduction of split orders on SEATS. The Interface supports load balancing across multiple SEATS gateways to service multiple FIX clients simultaneously," according to the press release.

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