[This message was posted by Eva Babik of B2BITS EPAM Systems Company 
<[email protected]> to the "Product Discussion" discussion forum at 
http://fixprotocol.org/discuss/24. You can reply to it on-line at 
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B2BITS&reg;, EPAM Systems' <a href="http://www.b2bits.com/";>Capital Markets 
Competency Center</a> providing tools and technologies for exchange 
connectivity, OMS and EMS solutions, has announced that it has completed the 
MFIX Market Data implementation for the Moscow Interbank Currency Exchange 
(MICEX) Group, the largest exchange in Russia, the CIS, and Central and Eastern 
Europe.<br>
MICEX teamed up with B2BITS&reg;, which has solid track record in security 
industry solutions development and implementation, to create a generic market 
data interface compliant with the standard Financial Information Exchange (FIX) 
protocol.<br>
MFIX Market Data provides subscription services to all securities traded on the 
exchange, as well as data snapshots, incremental updates, instrument 
definitions, and status information. MFIX Market Data supports both the FIX 
(versions 4.2 and 4.4) and FAST protocols, and its interface enables access to 
MICEX via a diverse range of vendor solutions designed for brokers, investment, 
and insurance companies. The services and interface provided by MFIX Market 
Data dramatically reduce the time for on-boarding of new clients.<br>
&quot;The implementation a globally recognized protocol for market data 
distribution at MICEX is a significant step forward&quot;, said Alexandre 
Shlyappo, Director of the Trading Systems Development Department at MICEX. 
&quot;B2BITS&reg; FIX and FAST technologies provide superior throughput and 
very low latency, thus allowing us to substantially reduce the connectivity 
time and offer real time data streaming advantages to our global market 
participants.&quot;<br> 
&quot;We are proud to have been involved in the implementation of the FAST and 
FIX protocols for the biggest Russian Exchange. Carried out jointly by 
B2BITS&reg;, EPAM Systems' Capital Markets Competency Center and MICEX's IT 
Department, the integration with the exchange platform was a technological 
challenge which we have successfully overcome. We look forward to supporting 
and extending the usage of MFIX Market Data to clients globally,&quot; noted 
Mark Bisker, Senior VP of Banking and Finance Solutions, EPAM Systems.<br>
<a href="http://www.b2bits.com/";>www.b2bits.com</a><br>
For more information please contact <a 
href="mailto:[email protected]";>[email protected]</a>



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