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Fortis Clearing extends Market Access services with Sol-3 Trader
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Fortis Bank Global Clearing N.V. (FBGC) and Sol-3 GmbH & Co. KG announced today their new cooperation.

Trading companies can now use the Sol-3 trading front-end in combination with Fortis Clearing services either with their own membership or with a shared membership of Fortis Clearing .

The Sol-3 Trader platform is a reliable, sophisticated trading tool for stock traders, derivative traders and market-makers including automated trading machines for quoting, opportunity trading, hedging, spreading or algo-trading. The Sol-3 Trader provides connections to the most important European markets like Deutsche Börse (Eurex and Xetra including EBS and ETS), NYSE Euronext (cash and derivatives), London Stock Exchange, SIX Swiss Exchange, Xontro, Scoach and MTFs (Chi-X, Nasdaq OMX, Turquoise, Bats Europe, Quote MTF, Xetra International Market).

Chris Lee, Global Head of Market Access at FBGC says: "adding the connectivity of Sol-3 to our low latency, high capacity trading network, is a great opportunity for us both. It opens another door to us with Sol-3’s loyal customer base, and offers Sol-3 the opportunity to extend its reach into the large array of global derivative and equity markets we clear around the world. "

"After a good relationship between Sol-3 and Fortis Bank Nederland for many years now we are very happy about this next step of cooperation. The Sol-3 technology gives Fortis Clearing and its customers an alternative software solution for high-end trading. The Sol-3 architecture is especially designed to meet the sophisticated requirements of high-profile derivative traders, arbitrageurs and market-makers who will benefit of an accurate option pricing, fast and reliable quote management and the low-latency system architecture!" comments Norbert Geus, Managing Partner.

About Fortis Bank Global Clearing N.V

Fortis Bank Global Clearing NV (FBGC), a world leading third-party independent clearer, has offered Market Access (MA) services from the day the first trading floors went electronic. Today’s services are extensive, ranging from access via Independent Software Vendors (ISV's) own trading applications to proximity and colocation hosting services for members and non members alike. 

Our global network covers the far corners of the world from Sydney to Tokyo, Singapore and Hong Kong, to Frankfurt, London, Amsterdam, Chicago and New York. FBGC has an array of around 24 data centres worldwide, chosen for their proximity or colocation to important exchanges, and available for client/member hosting services.  

Via the FBGC low latency high capacity global network, FBGC is able to offer bandwidth for clients to route orders across the globe, or use any one of around 15 ISV's it deploys round the globe.

FBGC is a registered Application Service Provider (ASP) where necessary (or the equivalent) at many exchanges around the globe, and offers direct or indirect connectivity to around 45 of the worlds Equity and Derivative exchanges. Our strategy of freedom of choice with our MA services has allowed us to grow into one of the largest service providers in the world for Algo, Automated and proprietary and institutional traders.

For more information please contact:

Sven Diepenbach
Email:
Sven.Diepenbach@nl.fortis.com
Tel: +31 (0)20 5272692

James Fairweather
Email:
James.Fairweather@uk.fortisclearing.com
Tel: +44 (0)20 3192 9080

 

About Sol-3 GmbH & Co. KG

Sol-3 GmbH & Co. KG has been a specialized software vendor in Germany for electronic exchange trading systems since the year 2000. The product Sol-3 Trader is designed to meet the requirements of today’s sophisticated exchange traders and market-makers. The aim is to provide a software solution, which ensures long-term success for customers in continuously accelerating markets and electronic trading.

For more information please visit www.sol-3.de