Print Share
ISV Connect
 
Financial Technologies’ Exchanges ISV Connect Program
 

Financial Technologies operates a network of multi-asset exchanges which include global and domestic exchanges across India, Dubai, Bahrain, Singapore, Mauritius and Botswana. To ensure that the market reaches out to the most of the market participants wherein they can participate in the price discovery mechanism Financial Technologies intends to come up with an ISV Connect Partner program.

This unique partner program would authorize FTIL ISV Connect Partner status to third-party software vendors that connect their trading solutions to Financial Technologies’ exchange network via FIX enabled API or proprietary API.

ISV Connect program would oblige the exchange and trading community’s demands by offering an expansive range of novel and immaculately integrated trading solutions through strong relationships with our ISV partners. ISV Connect program brings to the table advanced and low latency algorithmic trading platforms, back/middle office processing solutions, efficient risk management systems, order and execution management systems, and trading front end solutions.

To be an ISV Connect Partner all participating vendors and developers will be mandated to undergo a FTIL certification test for the software they propose to employ. This certification would ensure that the vendor's software performs optimal and conforms to all the set procedures for individual exchanges. The team at Financial Technologies would provide a large assortment of services and support in order to assist partners and ISVs in their development and certification/conformance to the following areas

 
Certification testing and volume testing
Technical rehearsals
Development support
Testing FIX-based implementations
 
The FTIL Connect ISV Partner Program aims to create enduring business value for firms through:
Broad access to multi-asset exchanges in the emerging economies
Rapid deployment of trading solutions built on top of proven FT solutions
Increased product awareness through a variety of marketing initiatives
Extended reach to new customer segments
 
ISV Program for MCX
 
Multi Commodity Exchange of India Ltd (MCX) is India’s no. 1 and world’s no.3 commodity futures exchange with over 86% market share in FY12. MCX witnessed an average daily turnover of Rs 503.13 billion, a 57% increase Y-o-Y. In specific commodity segments, it ranks no. 1 in silver and gold, no. 2 in natural gas, and no. 3 in crude oil futures trading, globally, in terms of number of contracts traded, MCX offers trading in over 40 futures contracts from various market segments such as bullion, energy, ferrous and non-ferrous metals, oils and oil seeds, cereals, pulses, plantations, spices and fibers. Apart from offering Indian players a convenient way to access global risk management markets, MCX provides an innovative array of products tailored to specific Indian markets, such as menthe oil, cardamom and potatoes. MCX is certified to ISO 9001:2000 – Quality Management Systems standard, ISO 14001:2004 – Environmental Management System Standard, and ISO/IEC 27001:2005, which is the global benchmark of any information security management company.
 

Click here to know more about the MCX ISV Program

 
ISV Program for SMX
 
The SMX ISV program provides a supportive environment to ease connectivity and testing when connecting to SMX. SMX’s Industry Test Centre provides a fully-featured environment open throughout market hours for ISVs to test their systems on an ad-hoc basis. ISVs providing order routing functions must undergo a formal conformance test prior to connecting to the SMX production environment.

ISVs interested in booking time on the SMX Industry Test Centre may contact the following:

Market Services
market.services@smx.com.sg
+65 6590 3600

 
FTNET
 
FTNET is a fully managed, FIX compliant global network which provides fast, secure and reliable access to major liquidity sources for multiple asset class in the financial markets. It offers continuous business connectivity to buy-side as well as sell-side communities.
 

Read More...

 
 
News
Relevant Links
Markets Today