Australian Stock Exchange Selects Cameron Systems For All FIX Connectivity

The Australian Stock Exchange, in conjunction with Cameron Systems, announced today that ASX has selected the CameronFIX Universal Server platform to provide Financial Information Exchange protocol [FIX] trading connectivity for its Integrated Trading System [ITS]. FIX is the only globally proven protocol trading solution available.

ASX is the first top 10 exchange to offer a fully integrated platform for the trading of all listed securities and will use the CameronFIX platform for all FIX trading across equities, derivatives and fixed income products. The addition of FIX to ITS will assist ASX to enhance the capital liquidity of its markets by promoting and encouraging the ongoing growth of Direct Market Access. ASX ITS is based on the OMX CLICK XT^TM Exchange System.

The CameronFIX Universal Server platform connects thousands of institutions globally and provides the leading engine for FIX trading to give firms access to global markets, high availability, low latency, integrated compliance, monitoring, exception management, business insight reporting, market data services and much more.

Group Executive of ASX Technology, Jeff Olsson, said “FIX is the leading global connectivity protocol for financial trading because of the extensive business benefits and ASX is leading the mainstream exchanges in offering FIX at the heart of our platforms.”

“CameronFIX is widely regarded as the best FIX platform available,” said Mr. Olsson, “In CameronFIX we have selected the most reliable, high performance FIX engine to meet our FIX trading requirements for the Integrated Trading System. Performance is a key factor to facilitate the strong growth in the ASX markets. CameronFIX trading across all ASX products will provide ASX and its customers with compelling functional and financial benefits.”

“We are pleased the ASX has selected the leading CameronFIX platform for ITS,” said Cameron Systems CEO Peter Cooper. “CameronFIX has proved to be the best answer for the ASX Integrated Trading System and we look forward to contributing further to trading on the ASX as we have with other leading global exchanges across a variety of instrument types.”

Founder and Chief Technology Officer for Cameron Systems, John Cameron said, “We are pleased to be continuing our involvement in the development of the ASX trading platform by providing FIX connectivity for the next generation.”