FFastFill has announced that it has passed ELX Futures conformance standards to provide its clients trade execution connectivity for futures products traded on ELX Futures through its TradingPro service.
ELX Futures received regulatory approval from the Commodity Futures Trading Commission (CFTC) on May 27th, 2009 to become a Designated Contract Market with trading to commence on July 10, 2009.
FFastFIll's TradingPro delivers multi-asset connectivity and order routing to a wide range of trading venues worldwide all delivered as a unique hosted software as a service (saas) model. ELX Futures adds further listed derivatives market connectivity to the FFastFill institutional client base.
Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "We are pleased to add FFastFill as one of our approved ISV partners. This relationship demonstrates the importance of offering our futures products through as many distribution partners as possible."
"Adding ELX Futures is the latest market we offer on TradingPro and we are pleased to support this new trading venue," said Patrick Thornton-Smith, Group Marketing Director at FFastFill. "Our saas model makes accessing ELX Futures a fast and cost effective solution to existing and new users of TradingPro. Last year we connected to the BGC's U.S. Treasury cash market as a further example of our multi-asset class strategy. ELX Futures will add to trading opportunities across the full U.S. Treasury complex."
ELX Futures intends to start operations with an initial product range in US Treasury futures contracts.