CSC paid $88 million upfront, with future contingent payments based on Fixnetix revenues to vary between $0 and $26 million.
Read moreOutsourced FX connectivity services provider FXecosystem has announced the addition of Matt Dangerfield as its interim Chief Technology Officer (CTO). Matt Dangerfield is the one of the founders of Financial Technology Advisers (FTA), an advisory firm that enables business to embrace all types of current technology, blend it with newer technology and take it to the…
Read moreFixnetix, part of Computer Sciences Corporation (NYSE:CSC), today announced the launch of iX-eCute Zero Latency (ZL), a risk management and trading gateway supporting electronic trading for investment banks, prime brokers, hedge funds and proprietary trading firms. The new solution affords the client and exchange extra protection against market manipulation with no latency penalty. Built on…
Read moreAcquisition accelerates CSC’s strategic growth plan in capital markets and offers clients winning combination of global capabilities, outsourcing expertise and mission critical trading systems.
Read more"Fixnetix is happy to support 7Hedge in continually driving innovation in the FX marketplace. Our robust, low latency global network provides the perfect highway to connect market participants further," said Hugh Hughes, Chairman and CEO of Fixnetix.
Read moreAbu Dhabi-based ADS Securities has partnered with global managed services provider Fixnetix in deploying an ultra-low-latency solution for forex traders, based in Tokyo. We recently reported that ADS launched its Tokyo (TY3) server, built around ADS Securities' proprietary OREX platform. The press release follows: ADS Securities launches 40GB ethernet technology Abu Dhabi, 18 November, 2014 – ADS…
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