Self Trade adopts Financial Fusion messaging platform
05 March 2002 | 2890 views | 0
European online broker Self Trade has selected Financial Fusion Server as the technology platform for its electronic trading system.
Self Trade - part of Germany's DAB bank group - will use Financial Fusion Server to integrate Patio, its order management and risk analysis system as well as to automate the exchange of financial messages.
Financial Fusion Server is a multi-protocol financial messaging platform that provides straight-through processing between internal applications, exchanges and financial institutions.
"Self Trade wanted to rely on a multi-protocol solution able to manage the FIX protocol and emerging protocols such as EMX," says Franck Martin, director of the trading solutions department, in charge of software development for Self Trade in Europe. "The openness of Financial Fusion Server and its wide support of protocols was a key element in our decision," he adds.