Aegis completes CME Group certification for FIX/FAST
Aegis Software Inc.
First Published by e-Forex News: January, 2008
Aegis Software Inc., has successfully completed CME Group certification for FIX/FAST market data format. FIX/FAST is the basis for CME Group's new market data distribution and offers reduced latency at both average and peak message rates.
“Trading today has become an arms race,” said Norm Friedman, Vice President of Aegis Software. “FIX/FAST is an important strategic weapon in our arsenal. It offers higher bandwidth and reduced latency at both average and peak message rates, allowing customers using our AthenaTrader™ Execution Management System (EMS) to get to market ever so faster,” added Mr. Friedman.