Greenline Expands Trade Message Monitoring to Support Proprietary Trading Protocols

Oct 21, 2010, 09:30 ET from Greenline Financial Technologies, Inc.

CHICAGO, Oct. 21 /PRNewswire/ -- Greenline Financial Technologies, Inc., a leading provider of electronic trading marketplace solutions, today announced that the latest product release of MagniFIX 4.0, Greenline's message monitoring product, includes support for proprietary messaging protocols, in addition to the industry standard FIX protocol. This product release is the second multi-protocol offering for Greenline's monitoring suite, following the launch earlier this year of the Latency Monitor product.

"The latest product release of MagniFIX 4.0 is a natural evolution for clients using both FIX and proprietary messaging protocols," said Josh Tolman, president of Greenline. "Greenline is the first to consolidate message traffic from multiple connections into one enterprise-wide monitoring tool. Our full coverage approach ensures that users can stay on top of the firm's total trading activity," added Tolman.

Both MagniFIX 4.0 as well as Greenline's MetriFIX 2.0 real-time message analysis product have also been optimized to scale for higher speed and higher volume trading. Both products can capture and analyze a significantly higher number of aggregate session layers and a higher volume of message traffic. Detailed reports show real-time trends for message flow and can help technologists anticipate shifts in message volumes and latency rates.

"High frequency trading firms, exchanges, and multinational broker dealers are an ideal fit for these latest product releases," said Tolman.

About Greenline

Greenline provides superior FIX Protocol and electronic trading technology solutions and services across all asset classes for leading global financial institutions. Greenline's flagship product suite, VeriFIX®, CertiFIX®, MagniFIX®, MetriFIX® and Latency Monitor, delivers end-to-end global connectivity solutions for any electronic trading environment using or migrating to FIX Protocol. In addition, its premier Professional Services consultancy can evaluate and improve clients' business strategy and trading technology operations, leveraging its expertise across all connectivity and messaging protocols. With global reach and client experience, Greenline is ideally positioned to meet the demand for connectivity and related trading technology. Greenline Financial Technologies, Inc. is a member of FIX Protocol Limited – North Americas, and is a wholly-owned subsidiary of MarketAxess Technologies, Inc. For more information, please visit

SOURCE Greenline Financial Technologies, Inc.