SimCorp selects London Stock Exchange FIX Gateway as preferred provider
- LSEHub offers one single point of connection to multiple brokers
- Cost effective solution for clients
London Stock Exchange has announced that SimCorp has chosen London Stock Exchange’s FIX Gateway (LSEHub) routing service as a preferred provider for their order management system.
LSEHub is a global FIX message routing service for orders, execution and Indications of Interest to a large network of investment managers, brokers, dark pools and execution venues. The strategic partnership with SimCorp, a leading provider of investment management solutions and services for the global financial services industry, will bring benefit to their clients, who will be able to connect to over 100 key brokers, ensuring rapid implementation and reduced ongoing costs.
Katherine Lachelin, Product Manager, LSEHub said: “We are delighted that SimCorp has chosen LSEHub as a preferred provider and look forward to working with them and our mutual clients to deliver cost effective solution for their order routing. LSEHub offers one single point of connection for customers, effectively connecting them to their preferred choice of liquidity.”
Matt Reid, SimCorp Dimension Domain Manager said: “Agreeing a strategic partnership with LSEHub means our clients using SimCorp Dimension can instantly connect to over 100 key brokers via a single interface. Our existing relationship with London Stock Exchange means that broker strategies have been individually tested across the LSEHub, ensuring lower on-going costs for our mutual clients”.
For further information please contact:
Ed Clark, Press Office
+44 (0)20 7797 1222
Notes to Editors
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is a diversified international exchange Group that sits at the heart of the world's financial community. The Group can trace its history back to 1801.
The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and the Pan-European equities and derivatives platform, Turquoise. Through its markets, the Group offers international business, and investors, unrivalled access to Europe's capital markets.
Post trade and risk management services are a significant and growing part of the Group’s business operations. LSEG operates CC&G, the Rome headquartered CCP and Monte Titoli, the significant European settlement business, selected as a first wave T2S participant. The Group is also a majority owner of leading multi-asset global CCP, LCH.Clearnet.
The Group offers its customers an extensive range of real-time and reference data products, including Sedol, Unavista, Proquote and RNS, as well as access to over 200,000 international equity, bond and alternative asset class indices, through LSEG’s world leading index provider, FTSE.
London Stock Exchange Group is also a leading developer of high performance trading platforms and capital markets software. In addition to the Group’s own markets, over 30 other organisations and exchanges around the world use the Group’s MillenniumIT trading, surveillance and post trade technology.
Headquartered in London, United Kingdom with significant operations in Italy, France, North America and Sri Lanka, the Group employs approximately 2,800 people.
Further information on London Stock Exchange Group can be found at: www.lseg.com