London and Sydney - 6th November 2014
The Fixnetix iX-eCute microchip has been certified for use by a major Australian liquidity venue. The Australian Stock Exchange (ASX) is the latest exchange to endorse the use of iX-eCute within their venue in order to control risk on a pre-trade basis.
Both Fixnetix and iX-eCute underwent rigorous scrutiny in order to become ASX certified, and Fixnetix is proud to now be sanctioned for use on this venue. Receiving approval from ASX will only mean further reductions in latency and faster trading times for clients, especially since Fixnetix recently added the SY2 data centre to its backbone, which is also located in Sydney.