The partnership will also facilitate Iress clients’ ability to trade with over 400 buy-side and 550 sell-side firms that are members of the Nyfix Marketplace, an electronic trading solution. The components of the solution include FIX order routing, IOIs, certification, version translation, and training and educational programs.
Jason Rudy, manager of sales and support at Iress, said: We are excited to see Nyfix’s commitment to the region and look forward to providing our mutual clients with cost-effective and efficient solutions for finding and accessing liquidity. We have great respect for Nyfix’s electronic trading expertise and know that our clients will appreciate being part of such a large community of global trading counterparties.
Bob Moitoso, global head of FIX division at Nyfix, said: Our relationship with Iress now spans two continents following the successful completion of a Nyfix Marketplace partner agreement with Iress Canada earlier in 2008. Iress’s extensive client base and high standards for client service makes them an ideal partner for us. Our clients will appreciate how easy it is to access so many trading partners throughout Australia and New Zealand.
