NYFIX, a trading solutions firm, has been chosen by BNY ConvergEx’s Eze Castle Software, an OMS provider, to supply its FIX engine.
Eze Castle will upgrade to Appia v5 – NYFIX’s newest FIX Engine – to power its OMS FIX messaging technology.
According to NYFIX, Appia v5 has significantly reduced latency and increased message throughput, enabling users to handle increased trading volumes and remain responsive to fast-moving market opportunities. It supports enterprise-wide deployments across multiple assets classes, desks, and countries, while the addition of dynamic load balancing and high availability options ensure immediate failover protection for uninterrupted trading.
“It is great to team up with Eze Castle and making the latest technology available to clients,” said Bob Moitoso, global head, FIX division, NYFIX, in a statement.
“Eze Castle’s clients demand the best in technology to maintain a competitive edge, and pairing Eze’s OMS technology with our newest release of Appia will certainly give them an advantage,” he added.