SINGAPORE and MUMBAI, 27 May 2015. Ullink, a global provider of market leading electronic trading and connectivity solutions, today announced that Kotak Institutional Equities (KIE), one of India’s leading institutional brokers and a division of Kotak Securities has chosen Ullink’s UL Bridge connectivity solution.
KIE has chosen UL Bridge to facilitate FIX messaging, message enrichment and order routing, to enhance its existing connectivity infrastructure. UL Bridge’s uniquely modular architecture works in conjunction with KIE’s Order Management System (OMS), allowing KIE to provide better execution services to more clients, both locally and globally.
UL Bridge offers a wealth of trading features that, amongst others, enables the client to manage market throttles, process FIX baskets and aggregate trades into single execution reports. These features will offer a smoother execution experience to clients. UL Bridge also facilitates automatic distribution of orders between DMA, Algo, and Care desks. By adding a neutral messaging layer between clients’ and execution systems, UL Bridge facilitates the on-boarding of new counterparties and considerably speeds up time-to-market for KIE’s new clients.
Philippe Thomas, MD at Ullink, added: “We are continuously expanding our geographic reach and are excited to support Kotak Securities with our global, innovative trading solutions. With India in the spotlight as one of the most important and rapidly growing emerging markets, I am pleased that
Kotak Securities will be leveraging Ullink’s solutions to further strengthen its position as a leading financial services provider.”
Regina Malzburg-Collins tel.: +44 (0)20 7264 2411
Head of Marketing & Communications firstname.lastname@example.org
Ullink is a global provider of market leading multi-asset trading technology and infrastructure for buy-side and sell-side market participants. Trusted by over 150 of the world’s top-tier banks and brokers, the company provides consistent, reliable access to the most current and innovative trading solutions available. Since 2001, Ullink has established itself as one of the fastest growing technology companies in the industry.
In 2014 Ullink acquired NYFIX and Metabit from the New York Stock Exchange, further expanding its product offering by creating one of the industry’s largest FIX based trading communities.
The combined company manages over 450 trading platforms daily, is connected to more than 100 of the world’s leading liquidity and exchange venues and offers over 700 different FIX and API adapters. Ullink has offices in New York, Toronto, London, Paris, Hong Kong, Tokyo, Singapore, Manila, São Paulo, Cluj and Sydney.
For more information, please contact email@example.com.
About Kotak Institutional Equities:
Kotak Institutional Equities (KIE), a division of Kotak Securities, is among India’s leading institutional brokers. The division covers secondary market broking and markets Indian equity offerings, including IPOs, to domestic and foreign institutional investors (FIIs). KIE services more than 250 clients including FIIs, domestic institutions and mutual funds and KIE’s affiliates have offices in Mumbai, Singapore, Dubai, London and New York. KIE has a full-fledged research division, engaged in macroeconomic studies, and industry- and company-specific equity research.
KIE offers its clients extensive corporate access through Kotak Mahindra Group’s array of corporate products and services. For more information, please visit https://kie.kotak.com/