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Ullink’s NYFIX Wins Best Low Latency Trading Network in Waters Technology Buy-Side Technology Awards

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Ullink’s NYFIX Wins Best Low Latency Trading Network in Waters Technology Buy-Side Technology Awards

LONDON, UK, 8 November 2016. Ullink, the global provider of electronic trading and connectivity solutions to the financial community, is pleased to announce its NYFIX global connectivity platform has won the “Best Low Latency Trading Network” category in Waters 10th Annual Buy-Side Technology Awards, 2016.

The Buy-Side Technology Awards recognize the leading technologies and vendors serving the global asset management industry. This year, the independent expert panel of 7 judges considered 280 entries following a thorough assessment methodology, to determine the winners. The “Best Low Latency Trading Network” category acknowledges distinctive capabilities and expertise, focusing specifically on the broadness of the connectivity, the proximity to market centers and exchanges as well as the ability to manage large volumes without adding unnecessary latency.

NYFIX, Ullink’s leading FIX order routing network, is recognised as one of the broadest, deepest and most reliable networks in the industry. With a global trading community of more than 1,500 member firms, NYFIX provides buy-side institutions with access to independent, local and international brokers across all asset classes and venues. The unique “Order Routing Direct” capability supports scalable low latency “point to point” FIX connections over the same infrastructure that supports hub and spoke order routing, with no additional effort required for each counterparty.

The growth strategy is supported by an active development plan to continuously expand the reach of the Network and size of the community, notably through the recent addition of new regional hubs in Europe and Asia, and a Global Partnership program which has already led to a 100% increase in new connectivity partners this year. Since acquisition by Ullink in 2014, an ambitious investment plan has also delivered a portfolio of new services to NYFIX members to multiply the value of their connection to the network. These services include web-based monitoring of connection statuses and live order flow, TCA reporting, IOI and Trade Advert services, and more – all accessible through the recently-launched NYFIX Portal front-end.

Speaking of the award Richard Bentley, Chief Product Officer of Ullink, commented: “Ullink is extremely honored to have NYFIX recognised as the best low latency trading network. This award both acknowledges the core qualities of the NYFIX network in terms of performance, reliability and security, as well as the investment Ullink is making in growing the range of services available to our participants. With the increasing demand for pre-trade, at-trade and post-trade services particularly from the buy-side, we are confident our investment strategy will continue to deliver added value which in turn will fuel further growth of the NYFIX community.”

 

Contact:
Mireille Adebiyi                                            Marketing & Communications Director
Tel.: +33 (0)1 49 95 30 00                           mireille.adebiyi@ullink.com

 

About Ullink

Ullink is a global provider of market leading multi-asset trading technology and infrastructure for buy-side and sell-side market participants, including NYFIX, one of the industry’s largest FIX based trading communities.

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. Our multi-asset solutions allow you to connect to your desired markets, trade when and where you want, while being able to comply with global regulation.

From our 10 offices covering all the major global financial centers, our team will advise on the best approach to address your challenges and deploy our technology.

For more information, please contact connect@ullink.com