Connamara Systems, LLC

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Connamara Systems, LLC
ConnamaraSystems.jpg
Founded 1998
Headquarters Chicago, IL
Key People James Downs
Products order and execution management systems
Website www.connamara.com

Connamara Systems is a trading systems development firm that offers customized solutions.[1] It serves the futures, options and equities markets. It was founded in 1998 by Jim Downs, a long-time index options market maker at the Chicago Board Options Exchange.[2]

History

Connamara provides end-to-end trading systems development services and solutions for order and execution management, algorithmic trading, exchange connectivity and market data integration. Their clients include futures, options and equities trading companies.

They have offices in Chicago and New Delhi.

Products and Services

Connamara services include:[3]

  • Trading Systems Design and Implementation
  • Market Data Integration
  • Trading User Interfaces
  • Algorithmic Trading Systems
  • Exchange Connectivity
  • Quality Assurance Outsourcing
  • QuickFIX Developer and Production Support
  • Production Support
  • Third Party API integration

Connamara's FIX Hub supports multiple exchange connectivity through a single interface, using the QuickFIX, an open source FIX engine.[4] Connamara was an initial collaborator in 2001 in the creation of QuickFIX[5] and continues to contribute to the enhancements and maintenance of the engine.[6] Connamara worked in conjunction with application and development firm ThoughtWorks(R), Inc. in making QuickFIX available.[7]

Connamara developed and deployed the system used by a NYSE specialist firm that allows the firm to make markets in over 400 stocks in the NYSE Hybrid Market.[8]

James Downs John Lothian News Interview

CFTC Rule 1.73: Jim Downs of Connamara Systems Talks About New Options Rule
A little known CFTC rule (Rule 1.73), part of the Dodd-Frank Act, is gaining attention of futures brokers. Jim Downs, founder and CEO of Connamara Systems, explains the basics of Rule 1.73, which will force FCMs and swaps participants to create new market-based limits on options positions, as well as monitor liquidation costs, options stress tests and other compliance elements. Downs talks about the key components of the new rule, which goes into effect on October 1, and what impact it may have on the industry. Interview by John Lothian News editor-in-chief Jim Kharouf. Published August 6, 2012. Watch at JohnLothianNews.com[9]

Key People

References

  1. Connectivity Providers. CBOE Stock Exchange.
  2. About Connamara. Connamara Systems.
  3. Your ideas into production. Connamara Systems.
  4. Connamar Supports ISE Stock Exchange Connectivity. Connamara Systesm via PR Newswire.
  5. Support and Consulting. QuickFix.
  6. Connamar Supports ISE Stock Exchange Connectivity. Connamara Systesm via PR Newswire.
  7. First Open Source C++ FIX Engine Now Available from ThoughtWorks(R), Inc.. ThoughtWorks via PR Newswire.
  8. FIX Vendors. The FIX Protocol.
  9. CFTC Rule 1.73: Jim Downs of Connamara Systems Talks About New Options Rule. John Lothian News.