Javelin selects CameronTec for swap execution

Source: CameronTec Group

CameronTec Group, the global standard in financial messaging infrastructure and tools for the Capital Markets industry, today announced New York-based Javelin Capital Markets, LLC ("Javelin"), owner of the Javelin SEF, LLC swap execution facility (“Javelin SEF”), has selected the Catalys FIX Gateway and VeriFIX Automated Testing Tools to future-proof its services.

Javelin SEF offers low cost, real time trade execution for Interest Rate Swaps, through both an anonymous Limit Order Book and a flexible Request for Quote system, for combined optimal liquidity with transparency and market depth.

“In CameronTec we have found a technology partner with solutions that not only help us take execution performance to the next level, but that also exceeds Javelin’s own internal expectations in terms of bolstering trading integrity to protect our customers,” says Michael Black, Managing Director Infrastructure, Javelin.

Peter Mott, Vice President Americas for CameronTec Group says: “As the financial industry works to achieve a more transparent and efficient derivatives market we are pleased to working with Javelin to achieve through the use of Catalys and VeriFIX, even greater execution performance for their platform, with all the resulting flow-on benefits for their customers.”

At the core of CameronTec technology is a unique understanding of the FIX world that comes from a concentration of the world’s largest FIX deployments. With a host of industry-firsts, Catalys and CameronFIX provide unprecedented levels of flexibility and innovation that firms need to sustainably differentiate in today’s markets.

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