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Oriel Securities and ForexManage license Solutionforge's FIX.Net server

03 July 2006  |  2448 views  |  0 Source: Solutionforge

FIX.NET Server, leading FIX messaging software from Solutionforge, has been chosen by institutional broker, Oriel Securities, and foreign exchange systems supplier, ForexManage.

UK focused, institutional broker, Oriel Securities has selected FIX.NET Server to facilitate client business through FIX order routing. Oriel selected FIX.NET Server after reviewing three different products and following liaison with industry peers. "Solutionforge has a solid reputation," says David Allott, IT director for Oriel Securities. "For us, FIX.NET Server allows for easier order routing and access to new trading opportunities with the removal of operational risk."

ForexManage has selected FIX.NET Server for its browser based, online risk management and trading solution for foreign exchange trades. It will be embedded in the trading system and used to connect with Currenex to enable ForexManage's broker customers to distribute transactional pricing to their institutional clients. "FIX.NET Server was the best match for our system," says Andrew Gibson, ForexManage's sales manager. "We had tried two other products, before choosing Solutionforge, but neither worked. FIX.NET Server is both the most sophisticated and the easiest to use."

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