Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Trading Technology

11:01 AM
Connect Directly
Facebook
Google+
Twitter
RSS
E-Mail
50%
50%

FIX Flyer Delivers Trading Solutions Via Equinix

The managed service provider of FIX connectivity leverages Equinix global data centers.

FIX Flyer said it now offers a hosted solution inside global data center provider Equinix’s International Business Exchange (IBX).

The FIX Flyer Solution inside Equinix’s global platform helps service providers and independent software vendors organize their FIX connectivity as part of an overall private cloud strategy, the release states.

By teaming with Equinix, ISVs and developers can further monetize the value of their connectivity and trade processing, and help customers access on-demand FIX resources where and when they need it – at any time, across the globe.

FIX Flyer is essentially hosting its managed FIX technology in the Equinix global data centers. This includes FIX connectivity management, FIX certification, self-service monitoring, IP security as well as translation and tag filtering on demand. A number of service providers— including Market Street Advisors and FolioDynamix— have turned to FIX Flyer to deliver their services to customers.

Aaron Schumm, SVP, Product FolioDynamix, stated, "FolioDynamix, a full service Wealth Management solutions provider, selected Managed FIX and Equinix as the foundation of the FolioDynamix service offering launched in 2009. The FIX Flyer and Equinix solutions provide the platform that allows us to empower our customers with flexible control over their connectivity and a single system for managing geographically dispersed connectivity anywhere."

FIX Flyer automatically manages and optimizes the distribution of FIX (Financial Information Exchange) connectivity, independent of its geographic location.

FIX Flyer is essentially hosting its managed FIX technology in the Equinix global data centers. This includes FIX connectivity management, FIX certification, self-service monitoring, IP security as well as translation and tag filtering on demand.

In particular, mid-sized brokerages leverage the combination of FIX Flyer on Platform Equinix to manage all of their trade connectivity to their institutional clients, eliminating the hassle and expense of using third party VPN providers.

“We selected FIX Flyer in order to connect to the world’s markets,” comments John Calicchio, Head of Trading & Operations at Euro Pacific Capital, in the release. “The infrastructure they use gives us a completely hassle free platform so we can confidently conduct our business.”

In a press statement, John Knuff, general manager of financial services for Equinix, said: “With the rollout of the Managed FIX offering in 2009, FIX Flyer became one of the first service providers worldwide to offer a FIX service inside Equinix data centers. Flyer's approach to FIX management and connectivity complements Equinix’s global reach and helps us better serve our customers around the world.”

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

Register for Wall Street & Technology Newsletters
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.