FFastFill plc
| WATCH: Ryan McElvogue of FFastFill Discusses Dodd-Frank Related Risk Management on MarketsWiki.tv (September 2012) |
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| FFastFill plc | |
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| Headquarters | London, Chicago, Prague |
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| Key People | Keith Todd, Executive Chairman; Hamish Purdey, CEO; James Oliff, Deputy Chairman; Nigel Hartnell, Director |
| Products | Trading Pro, Tracking Pro, Clearing Pro, Eclipse Back Office |
| Corporate Website | www.ffastfill.com |
FFastFill is a publicly held company that designs and delivers front-, middle- and back-office services to the global electronic trading community. They are listed at the London Stock Exchange and the company is registered in England and Wales (company number 3978346).[1]
FFastFill provides automated services for retail and institutional firms worldwide enabling their clients to manage trading and financial risk in real time. Their experience includes exchange-traded derivatives, multi-asset clearing and trading functionality for clients with equity, fixed income, foreign exchange, CFD and OTC needs.[2]
On February 15, 2013, FFastfill was acquired by the Pattington division of ION Trading, a Dublin-based provider of multi-asset class trading software, with access to more than 80 electronic markets.
Contents |
History
FFastFill was founded to provide a software platform for electronic trading and risk management for derivative products. In 2000 it was listed on the Alternative Investment Market of the London Stock Exchange. More recently, the company became an Application Services provider in the sector.[3]
Major milestones for FfastFill have included producing its first software product, a PC-based trading and risk-management system in 1999. In 2000, the company produced a client-server system for trading and risk management of derivatives. In 2003, FfastFill's applications service went live.
In June 2010, Ffastfill announced connectivity to the Singapore Mercantile Exchange, which has plans to launch in August 2010.[4]
In late November 2010, FFastFill announced that they had built a platform for Newedge buy-side customers to connect to the Shanghai Futures Exchange, the Dalian Commodities Exchange, the Zhengzhou Commodities Exchange and the China Financial Futures Exchange. This is one of the first platforms that allows FFastFill customers to trade Chinese futures from a single trading screen. [5]
On November 22, 2011, the firm announced the acquisition of WTD Consulting Inc. for up to $12 million. The deal was expected to help Ffastfill finish the customization of its back-office product called Eclipse in the US market. WTD has extensive experience in the post-trade processing sector for exchange traded derivatives and over-the-counter markets.[6]
Key People
- Keith Todd, executive chairman
- Hamish Purdey, chief executive officer
- James Oliff, chairman FFastFill Inc.
- Nigel Hartnell, corporate development director
- John Elmore, technology director
- Paul Colcombe, director of finance
- Ryan McElvogue, managing director
Ryan McElvogue MarketsReformWiki Interview
Ryan McElvogue of FFastFill Discusses Dodd-Frank Related Risk Management
Ryan McElvogue is managing director of FFastFill, the U.S. subsidiary of FFastFill Plc., a London-based provider of front-, middle- and back-office solutions for the global electronic trading community. In August 2012, FFastfill announced that Orbit Risk, its clearing member risk management suite, is fully conformant with certain Dodd-Frank related CFTC regulations scheduled to take effect October 1, 2012. McElvogue spoke with John Lothian News Editor-at-Large Doug Ashburn about Orbit Risk, Dodd-Frank risk management and readiness, and operational versus technical implementation issues. Published September 21, 2012. [7] Watch at MarketsWiki.tv
References
- ↑ Registration Details. FFastfill.
- ↑ About FFasfill. FFastfill.
- ↑ History and Development. FfastFill.
- ↑ Ffastfill Connects to SMX. Asia eTrading.
- ↑ FFastFill and Newedge Connect to Chinese Futures Markets. RFP Connect.
- ↑ London-based FFastFill plc Announces Acquisition of the Trade and Assets of Chicago-based WTD Consulting, Inc.. press release.
- ↑ Ryan McElvogue of FFastFill Discusses Dodd-Frank Related Risk Management. MarketsWiki.tv.