09 October 2015

E-Crossnet introduces FIX trading hub

15 June 2004  |  4329 views  |  0

European equity crossing network E-Crossnet has introduced a FIX-enabled program trade automation hub in an effort to simplify access to the venue's liquidity pool.

The new Program Trade Automation System (PTAS) operates as a multi-destination FIX routing hub and File-to-FIX translator, offering support to version 4.4 of the trading protocol. For non-FIX enabled clients, PTAS includes CrossIT, an intuitive trade management interface with FIX translation capabilities.

Alan Dean, chief technology officer at E-Crossnet says PTAS and CrossIT are available free at the point of use to all of E-Crossnet's clients and a number of them have already gone live with the system.

"The ease-of-use, increased speed and efficiency of how trades are entered into and returned from E-Crossnet minimises the time our clients spend out of the market, and maximises the transaction cost savings that crossing delivers," he says.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

02 March, 2004

Who is commenting?

Top topics

Most viewed Most shared
European Parliament rubberstamps Payment S...
8740 views comments | 44 tweets | 57 linkedin
Faster Payments eases access for challenge...
4975 views comments | 20 tweets | 25 linkedin
Chinese hackers breach LoopPay
4856 views comments | 8 tweets | 6 linkedin
From biometrics to one-time passcodes, Mas...
4504 views comments | 12 tweets | 18 linkedin
Hacker slams Danske Bank for alleged secur...
4477 views comments | 7 tweets | 8 linkedin

Featured job

to £80K base + commission + bonus
London, UK

Find your next job