UL Bridge, from Ullink, is a connectivity and routing platform that translates and sends financial trading-based messages to a variety of destinations, including: exchanges, brokers, buy-side firms, trading applications, order management systems and routing networks. The Financial Information eXchange (FIX) Protocol, is a messaging standard developed specifically for the real time electronic exchange of securities transactions.

Phill Jeffrey, Managing Director, Ullink said: "The speed, flexibility and normalization of UL Bridge has enabled ASX market participants to migrate to the new service with minimal impact. ASX has seen a significant improvement in latency from its previous vendor system. This decision confirms UL Bridge as the premier connectivity platform in the market."

Andrew Lennox, ASX General Manager, Markets and Technology said: "Our objective is to provide the world's best connectivity solutions to our market participants. The implementation of the ASX Trade FIX Gateway utilizing UL Bridge is an important step in this on-going program."

A global firm, Ullink's Asia Pacific offices are situated in Sydney, Hong Kong and Tokyo. The company's extensive list of regional and global exchange points, accessible via UL Bridge, is of key significance to the growing market segment of high frequency traders.

UL Bridge enables users to manage client and market connectivity from a single platform. More than 450 plug-and-trade destinations and over 45 direct market access points make UL Bridge a significant connectivity hub for market centers and participants. UL Bridge accepts multiple message formats including proprietary APIs and all versions of FIX. Clients of Ullink also leverage UL Bridge in pre-trade risk management; algorithmic trading, smart order routing, monitoring and exception management.