Trading technology services provider earns accolade for pre-trade risk control.  

  London – 7 October 2013 – Fixnetix, global managed services provider for ultra-low latency market data, trading and risk control, announced today the company has been awarded Best Company for Innovation by the IAIR EUROPEAN AWARDS 4th annual edition. Voting was based on a Readers Survey of 50,000 and the ceremony was held at London Stock Exchange Group in Milan with the patronage of European Commission and EXPO 2015 organizers and with special partnership of Financial Times, Harvard Business Review, South China Morning Post and other global financial magazines.

“We accept this award for Best Company for Innovation as an endorsement of our hard work and dedication to offering the best trading technologies for market data, trading and risk control,” says Matt Dangerfield, CTO of Fixnetix. “FIxnetix first announced risk control with iX-eCute (FPGA) in November of 2010; since then the company launched a software version of the well-known iX-eCute for pre-trade risk, the software version is quickly accessible and called iX-EMS.”

Some of the past winners of IAIR EUROPEAN AWARDS include: ERGO, IBM, AVIVA, Pictet, Eurizon, Bnp Paribas, Aberdeen AM, M&G INVESTMENTS, MFS, Deutsche Bank, BlackRock-iShares, Morgan Stanley, Bank of China, Rockefeller, Rothschild, Vodafone, Novartis, BASF, Daimler, Royal Dutch Shell, Christian Dior, FEDEX, Cartier, ABB, Bridgepoint Capital, Gilde buy out partners, Citigroup, Lexington Partners, Goldman Sachs, Coller Capital, Sanofi, TerniEnergia, It Way, Yves Rocher, Smartbox, Terna.

About Fixnetix

Fixnetix is a 2013, 2012 and 2011 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 33 co- location and proximity hosting centres across Europe, USA, Asia-Pac and Africa and offers trading access to over 89+ markets.

Fixnetix is one of the first firms to offer the FPGA for execution. The company launched on November 2010 a real-time low latency filter, iX-eCute, an FPGA (Field Programmable Gate Array) to solve the eternal industry conundrum of pre-trade risk, compliance and ultra-low latency execution. iX-eCute opens the marketplace to all participants with no detrimental impact on trading performance. The microchip enforces pre-market risks at nanosecond time frames whilst preventing impact on latencies that historically have slowed down more traditional trading systems and models. Unlike other solutions, the iX-eCute microchip has near zero impact on latency for governing the required checks directed by the SEC Rule 15c3-5 and anticipated declarations from other regulatory governing bodies. For more information, visit www.fixnetix.com