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xCelor, a leading supplier of high-performance trading solutions based in Chicago is proud to announce its next-generation Layer 1 network switch, the xPort XPM² (“XPM-Squared”). Adding to the xPort family of layer one switches, the XPM² adds an FPGA to bring processing closer to the network.

Deutsche Börse Market Data + Services and NOREXECO ASA today announced a cooperation in which NOREXECO has licensed the M7 trading technology for a new regulated exchange for the trading of derivatives on products from the forestry and paper industry. NOREXECO will become a renewable commodities exchange based in Norway.

Colt today announces it is enhancing its service delivery capability in the Capital Markets sector with the creation of a focused Capital Markets team. This team will build on the expertise of Colt’s 20 year heritage and leadership in this sector and the Front Office experience of MarketPrizm to provide a consistent customer experience from product development through to sales engagement, delivery and service management for customers that need guaranteed access to the global markets.

Azul Systems (Azul), the award-winning leader in Java runtime solutions, and C24 Technologies (C24), a world leader in financial services messaging and integration solutions, today announced the availability of an in-memory Financial Products Markup Language (FpML) storage solution which combines C24 Integration Objects (C24-iO) SDO message compaction Technology with Azul’s pauseless Zing runtime for Java, enabling financial services institutions to dramatically reduce hardware requirements for storing OTC derivative data.

FIX Trading Community, the non-profit, industry-driven standards body at the heart of the global electronic trading community, announces the adoption of the FIX Protocol by an overwhelming majority of Swap Execution Facilities (SEFs), including BGC Derivative Markets, Bloomberg, trueEX, GFI Group, ICE Swap Trade, MarketAxess, Tradeweb (TW and DW), Tradition Trad-X and Tullett Prebon.

Object Trading, an independent provider of global direct market access (DMA), today announced the appointment of Des Peck as New Business Sales Executive in Europe. Mr. Peck will be responsible for leading Object Trading’s sales and business development initiatives. He will join Object Trading’s London office and report to Gerry Turner, Executive Director of Object Trading.

Markit, a leading global diversified provider of financial information services, today announced that S&P Capital IQ, a business unit of McGraw Hill Financial and a leading provider of financial research, data and analytics, will join Collaboration Services, the open messaging network from Markit.

Solace Systems announced today that Crédit Agricole Corporate and Investment Bank (CIB) has decided to implement Solace messaging appliances as the data distribution backbone as part of its continuous investment in low latency electronic trading in FX, Rates and Bonds.

Recruits Matteo Carcano to strengthen local presence as the company continues to establish strategic local presence throughout Europe and the U.S. amidst strong customer demand.