German exchange gets first FIX partner 03 September 2015Berlin Reporter: Stephanie Palmer
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Ullink has become the first vendor to partner with Tradegate Exchange, the German exchange for private investors.
Electronic trading and connectivity solutions provider Ullink will offer financial information exchange (FIX) connectivity through its NYFIX community, giving members access to Tradegate Exchange’s services and liquidity.
Tradegate lists more than 3,800 stocks, and offers out-of-hours trading. It provides order executions without commissions of exchange fees, and provides streamed quotes through its website and app, and through market data vendors.
Ullink’s NYFIX is the largest trading community in the world, supporting trading of all asset classes for more than 1000 brokers and trading venues, using its FIX protocol.
Through the community, clients gain access to global markets and brokers through a single connection. This allows for fast additions and certifications of new trade destinations.
Thorsten Commichau, CEO of Tradegate, said: “We are delighted to partner with Ullink’s market leading trading community, NYFIX. This is an important milestone for the expansion of our business which instantly makes our exchange accessible to a much wider community.”
Richard Bentley, chief strategy officer at Ullink, added: “We are excited to be the first vendor that offers access to such a popular and innovative exchange.”
He continued: “We are committed to providing our trading community with access to the broadest range of liquidity venues and trading services, and our partnership with Tradegate is a strong illustration of that commitment.”
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