Iona's Orbix delivers FIX connectivity to Thomson's OTEQ platform
30 April 2003 | 3717 views | 0
Thomson Financial has extended its use of Dublin-based Iona's Orbix software within the automated trade workflow and execution system Oneva Trade EQ (OTEQ) to provide users with FIX connectivity.
Oneva Trade EQ uses Iona's software to facilitate a technology bridge from Java to C++ via Iona's Corba interface, which in turn supports the technology requirements of OTEQ and its internal FIX engine.
OTEQ utilises the Corba Interface Definition Language (IDL) to enable traders to use FIX standards to connect to brokers, exchanges, ECNs and ATS's.
Suresh Kavan, president, investment management group, Thomson Financial, says: "Iona is a crucial component to our efforts, supplying integration between Oneva Trade EQ and our FIX engine."