Launch of FIX-protocol for market information distribution
The Ukrainian Exchange
has launched providing information of its prices in real time through an
interface that was built on the basis of international protocol FIX. TRDATA company
became the first distributor that was connected through FIX-protocol.
From October 1st the Ukrainian Exchange starts to provide market
information through FIX-protocol version 4.2.
FIX (Financial Information eXchange) protocol is developing by a non-profit
organization FIX Protocol Ltd since 1998, and for a long time has been
recognized as a standard for trading of financial instruments because it allows
to reduce significantly the cost on building an information exchange between
exchanges, brokers, institutional investors and other financial market
participants.
"Leading global exchanges necessarily provide an access
to their information and trading services through the FIX protocol. We are glad
that our Exchange has become the first trading platform in Ukraine that has
implemented this standard. At the beginning stage we provide information, but
we also test the possibility to accept the applications", - commented Oleg
Tkachenko, Chairman of the Board of the Ukrainian Exchange.
"For us, as for developer of trading and information platforms, the
advantage of using international standards is in the fact that they allow our
software "to speak one language" with IT systems both clients and
providers of information" - commented Richard Ogdon, director of TRDATA company,
"FIX protocol for the market of financial information is like English for
business communication. Now we can communicate "without translators" with
the stock exchange in Ukraine".
Please contact for details:
- Trading department of the Ukrainian Exchange by telephone: 380 (44) 495-7474
- TRDATA by telephone: +38 044 456 16 06 or e-mail: [email protected]
The Ukrainian Exchange - is the leading local market operator
for both equities and derivatives. Starting in March 2009, the Exchange from
the first months became the technology leader of the Ukrainian stock market, first
in Ukraine has launched Order-Driven market, online trading, repo deals,
central counterparty and derivatives market.
TRDATA - Fintech company that creates products for financial markets with offices in
London, Moscow, Kyiv and Silicon Valley.
Company develops
its own informational platform TRDATA, that provides real-time access to exchange
prices and over-the-counter (OTC) quotations on bonds / Eurobonds, stocks,
money market quotes, analytics and news.
www.trdata.com
