Vienna Bourse Implements Greenline's VeriFIX® to Test Regional Exchange Connectivity

CHICAGO, Aug. 10 /PRNewswire/ -- Greenline Financial Technologies, Inc., a leading provider of electronic trading marketplace solutions, today announced its engagement with the Vienna Bourse to implement VeriFIX, Greenline's flagship FIX testing solution. The Vienna Bourse is a member of the Central and Eastern European Stock Exchange Group (CEESEG) along with the stock exchanges of Budapest, Ljubljana and Prague. Greenline currently works with over 30 global exchanges to deliver advanced FIX technology products and solutions.

Greenline is partnering with the Vienna Bourse to test exchange member connectivity and implement a real-time, fully-simulated exchange environment for FIX message testing. Additionally, Greenline will provide FIX migration services to the Ljubljana Stock Exchange as it migrates to the CEESEG trading environment.

"The Vienna Bourse and the CEESEG are actively building advanced exchange technology to provide a more uniform and stable trading environment for its exchange members," said Josh Tolman, President of Greenline. "VeriFIX will help the Vienna Bourse realize significant efficiencies in its FIX infrastructure deployment."

VeriFIX users can test multiple counterparties and simulate scenarios 24 hours a day. This capability allows for simultaneous load and regression testing for a wider range of trading counterparties. VeriFIX can also be customized to support multiple types of FIX connectivity, providing users the flexibility to support a range of testing needs. Testing scripts can be easily configured to emulate the exchange environment, providing clients and brokers with a realistic depiction of trading behavior, delivering higher rates of testing accuracy and protocol validation. Additionally, VeriFIX can provide execution reports and latency statistics to illustrate system capacity and easily detect any errors or message loss.

About Greenline Financial Technologies

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 www.greenlinetech.com.

About CEESEG

The CEE Stock Exchange Group (CEESEG) consists of the four stock exchanges of Vienna, Budapest, Ljubljana and Prague. With around half of total market capitalization and about two thirds of all trading volumes in equities in Central and Eastern Europe, the CEESEG is the largest player in the region. The Group's goal is to strengthen and advance the regional capital markets and their international position. Creating benefits for all market participants is the driving force for its activities. One key goal is to boost local liquidity by enabling trading members to enter CEESEG's markets at the same conditions. In order to raise international awareness, the CEESEG also offers single-point access to data on four attractive markets with long-term growth potential.

SOURCE Greenline Financial Technologies, Inc.