London trading technology vendor FfastFill has launched FFastServe, an outsourced order management service for online futures and options markets.
FFastServe enables exchange intermediaries to outsource core areas of order management technology and is based on the vendor's FFastConnect platform, and was developed over the past year at its Prague development centre.
The SLA-backed service provides integrated trading and risk management and managed exchange connectivity for a monthly fee of £550 per user.
The service will initially be hosted at FFastFill's UK data centres and delivered to clients in Europe although the vendor also intends to offer the service in the US via a data centre in the Chicago area.
Nigel Hartnell, director of business development, FFastfill, says: "Whilst our initial marketing focus is on London, we are planning to offer this service progressively into other world markets to meet the global requirements of our customers."