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
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
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
Tel: +31 (0)20 5272692
Tel: +44 (0)20 3192 9080
About Sol-3 GmbH & Co.
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