InfoReach Adds Over a Dozen New FIX Connections in Asia and Europe

Leading EMS Provider’s Network Expands Internationally

Boston and New York – December 2, 2008 — InfoReach, a leading provider of execution management service technology announced today that it has had added over a dozen new independent brokers in to its FIX network in Asia and Europe.

“We are very excited to grow our IFN (the InfoReach FIX Network) so rapidly because every new broker we add to our network increases our efficiency in providing our customers with world-wide reach said Daniel Cook, manager of InfoReach’s FIX Connectivity. “Since October 1st, 15 independent brokers have signed on alone which brings the total number of international brokers up to 86. This is a strong indication that despite a tough market our products remain well respected and are in demand within the industry.”

“The InfoReach IFN is a relatively new undertaking for our firm” said Allen Zaydlin, CEO of InfoReach. “It was launched just short of two years ago and it’s been growing at an average rate of 5 new brokers, exchanges or ECN’s per month which can be attributed to the proficiency of both the team handling the IFN and the technology InfoReach has built to manage the connectivity.”

InfoReach is an innovative company focused on providing software solutions for the electronic trading of financial securities. Established in 1995, InfoReach promptly recognized industry technology trends and created its product line of the InfoReach FIX Engine (FIX protocol engine) and the InfoReach TMS (Trade Management System). InfoReach’s products are open, scalable and a flexible solution for firm-wide order execution and management.

About InfoReach

InfoReach is an innovative company focused on providing software solutions for the electronic trading of financial securities. Established in 1995, InfoReach promptly recognized industry technology trends and created its product line of the InfoReach FIX Engine (FIX protocol engine) and the InfoReach TMS (Trade Management System). InfoReach’s products are open, scalable and a flexible solution for firm-wide order execution and management.

An abundant array of features combined with committed support has made InfoReach the technology of choice for many major buy and sell side financial institutions. InfoReach works with more than 80 of the largest financial institutions in the global marketplace including UBS, Bank of New York, GMO, the Jakarta Stock Exchange, Barclays and employs a staff of over 50 industry professionals in offices throughout the U.S. and Europe.

For more information please contact InfoReach at www.inforeachinc.com, or call Daniel Cook at 312-332-7740, x 2018.

 

Contact:

Jan Hunter
Hunter & Co Communications
617-371-1122
Jan@inforeachinc.com

 


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