Source: Cameron Systems
Cameron Systems, the leading global provider of FIX protocol messaging solutions today announced that IntercontinentalExchange (ICE) and its subsidiary International Petroleum Exchange (IPE), global electronic marketplaces for trading energy commodities, have implemented the FIX Protocol with the high performance CameronFIX Platform for fast, efficient trade execution. ICE will use CameronFIX to provide FIX compliant access to its suite of cleared futures and OTC contracts traded on ICE’s internet based electronic platform.
Cameron Systems Sales Director, George Wishart, says: "Cameron Systems is very pleased to welcome ICE as a client. The FIX protocol continues to be implemented by Exchanges around the world as the common standard to support electronic trading. The adoption of FIXml by the futures, options, and derivatives industry for post-trade reporting provides a foundation for straight-through processing and reduced cost. Cameron Systems meets the FIX requirements of this growing segment of the Capital Markets by offering modules for Direct Market Access, Compliance, Workflow Management, Validation and our FIXml Adapter."
Today’s announcement follows Cameron’s recent successful FIX Direct Market Access implementations with major Exchanges including Singapore Exchange, Deutsche Bourse, Tokyo Stock Exchange, Australian Stock Exchange, TOCOM and Osaka Securities Exchange.
Cameron Systems this week also announced new CameronFIX trading enhancements with its latest product release. CameronFIX Version 6.2 provides solutions for risk and compliance, workflow management, advanced execution and networks/hubs.
CameronFIX provides support for all versions of the FIX protocol (v4.0 to v4.4), all supported instrument types and message types across the trade life cycle.