For release: 08:00 GMT / 09:00 CET 13th February 2006:
MarketXS teams with Dealing Systems Limited to provide the DealXL calculation suite to MarketXSPro users
Amsterdam, Netherlands and London, UK, Monday February 13th 2006:
Today MarketXS, a leading supplier of real-time market data technology and trading solutions, has signed a deal with UK-based Dealing Systems Limited (DSL) to provide DSL’s decision support software product, DealXL, to the extensive MarketXS user base as a bundled package.
Coupling DealXL with MarketXSPro for Forex and Money Markets will enable MarketXSPro users to extract huge extra value from the data feed delivered by MarketXS, by providing a series of integrated applications covering key trading areas such as Forex Arbitrage, Cross Currency Forwards, FRA Pricing from Futures and Forex Forwards pricing from Futures.
DealXL is already used by many of the world’s leading Treasury operations including HBOS London, Scotiabank, Svenska Handelsbanken, Credit Lyonnais, AIB, Banca di Roma as well as key money brokers such as Martins Brokers. It is primarily used within the Forex and Money trading rooms of Banks and Corporate Treasuries.
Ronald Kleinveld, COO MarketXS says “At MarketXS we have partnered with various providers of analytical tools with a view to make a wide range of specialist functions available to our users, selected from leading providers around the globe. As a leading calculation suite in particular in the areas of Forex, Money Markets and Derivatives, we consider DealXL to be another great addition to our market data and analytics offering.”
Hugh Curran, CEO Dealing Systems Limited says “We are delighted to have teamed up with MarketXS. They are a vibrant, open company, with a ‘can-do’ attitude which closely matches our own. This arrangement widens our reach in Europe by providing additional functionality and value to the growing MarketXS user base.”
About MarketXS
MarketXS is a leading provider of real-time market data technology and trading solutions. Over 350 customers use its high availability market data infrastructure, the Finance Engine™, to power terminals, websites, transaction systems or any other real-time market data application for front, middle or back-office with any source of data. Rendering conventional market data systems obsolete, the Finance Engine™ provides maximum flexibility, rapid deployment and low total cost of ownership.
MarketXS data sources include ComStock, Dow Jones Newswires, Telerate, Standard & Poor's FT Interactive, etc. and direct feeds from major exchanges and inter-dealer brokers. MarketXS has offices in The Netherlands, Belgium, Luxembourg and Germany and is the exclusive distributor of Telerate products in the Benelux region. MarketXS is also the exclusive distributor in Europe, Middle East & Africa for the HMDP (based on TRS technology) and OCC (based on Active8 technology) products from Hyperfeed.
For additional information please visit www.marketxs.com
About Dealing Systems Limited
Dealing Systems Limited is a UK software company providing products and services to Treasury operations worldwide. Dealing Systems’ flagship product is DealXL, a set of pricing tools providing decision support to Foreign Exchange and Money Market traders.
The company licences its products to many of the world's leading institutions - such as Scotiabank, Svenska Handelsbanken, HypoVereinsbank and AIB.
In addition to product supply, Dealing Systems provides customisation and support to ensure optimal integration of standard real-time data feeds and internal data sources