SDS Financial Technologies implements B2Bits FIXEdge

Source: B2Bits

B2Bits, the leading provider of technology for FIX connectivity, today announced that SDS Financial Technologies provider of Alternative Trading Solutions has implemented B2Bits FIXEdge for advanced order routing across multiple asset classes and destinations.

SDS selected the FIXEdge technology to provide the highest throughput and the lowest latency possible to handle its growing order capacity and demands of Market Makers for increased quoting velocities. "B2BITS FIXEdge helped us to create a state of the art routing hub combining flexibility, high throughput and low latency," notes Peter Maragos, Managing Director of SDS.

SDS is deploying the FIXEdge technology in a Hub Architecture to provide flexible connectivity to clients, as well as providing routes to destinations for equities, options and futures to NYSE, AMEX, ISE, STING, ARCA, PHLX, NYBOT, CME and others. The FIXEdge Hub supports all versions of FIX protocol. A distinguishing feature of FIXEdge is the order tracking tool program, which allows clients to connect remotely and manage orders or even cancel orders.

FIXEdge can be deployed in a windows clustered environment. It is benchmarked on middle level hardware (single dual core CPU, 2 GB RAM) at 15,000 transactions per second with all the routing rules invoked with a latency of 0.001 milliseconds per transaction. Higher performance and lower latency are achievable with faster hardware.

"We are delighted that SDS is using FIXEDGE" said Mark Bisker, CEO of B2BITS. "Working with SDS, B2BITS has implemented a unique routing environment, which will serve clients for routing all asset classes."

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