LONDON and CHICAGO, November 5, 2014 /PRNewswire/ --
Managed Services and Colocation Will Enable More Efficient and Effective Markets for Customers
Fixnetix (http://www.fixnetix.com ), a leading global provider of Front Office IT Services, is to provide co-location and IT Services in the CME Hosting Facility located at 350 E. Cermak in downtown Chicago, IL in addition to providing services from CME Group Inc.'s Aurora, IL data center. Fixnetix's presence in this facility will provide customers with more choice and access to connect to CME Group markets as well as other global markets. The additional space releases more choice of hosting capability in Chicago as a whole.
Fixnetix provides Investment Banks, Broker Dealers, Market Makers, Hedge Funds, Vendors and other global market participants with efficient execution, market data, clearing and IT services. The Fixnetix model is designed to improve overall performance and flexibility which is measured against a stringent Service Level Agreement. Fixnetix has one aim: to provide trading, market data and clearing customers with world-class products and IT services within the facility and beyond.
Increasingly, market players and vendor firms are looking for greater flexibility and cost-efficiency in scaling their infrastructure to suit the business. Fixnetix will provide proven ultra-low latency services and market access capabilities with their next-generation IT services and infrastructure to deliver scale on an on-demand basis for all aspects of accessing the CME Group whether it be through co-location, execution, clearing, telecommunications, hardware or support.
"Fixnetix is extremely focused on delivering a world class front-office managed service solution to CME Group customers," said Hugh Hughes, CEO & Chairman Fixnetix.
Fixnetix is an award winning company providing outsourced managed services across multiple asset classes to leading global banks, hedge funds and proprietary trading groups seeking trading, market data, hosting, infrastructure, connectivity and risk management solutions. The company is in over 40 co- location and proximity hosting centers across the world offering access to over 90 markets. Fixnetix is one of the first firms to commercialize FPGA (Field Programmable Gate Array) technology for execution purposes with the iX-eCute trading appliance. Fixnetix was granted a patent for the iX-eCute solution in April this year by the United States Patent and Trademark Office. For more information, visit http://www.fixnetix.com
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