MCX deploys FTIL's DOME and CnS
By siliconindia   |   Monday, 18 January 2010, 17:40 IST
Printer Print Email Email
Mumbai: Financial Technologies India announced that MCX, Indian commodity exchange, has successfully migrated to the latest version of exchange technology - DOME and clearing and settlement solution - CnS. P K Singhal, Deputy Managing Director, MCX, said, "The new version has generated an encouraging response from the trader community. It has some excellent new features that will meet MCX's ever-growing demand for value-added performance. MCX is committed to provide best-in-class technological advancements by bringing solutions that address our customers' top trading needs. The new versions of DOME and CnS give traders a completely unique experience with introduction of globally accepted new functionalities and performance aspects. With functionalities already available in earlier version and after deployment of new version, MCX offers a rare combination of superior technology, user friendliness and performance in the Indian market with offerings like Combination order, Spread order, EFP (Exchange for Physical), FIX-based connectivity, Open Interest alerts, SPAN based risk margining system, Auction and many other market friendly features. FTIL's exchange technology, DOME is a multi-asset exchange product suite, offering an integrated matching engine, including order management and routing engine, risk management and surveillance engine, data distribution engine, and various interfaces for clearing and settlement. Jigish Sonagara, Sr. Vice President, Exchange Technology, FTIL, said, "We are focused on delivering exchange platforms that provides our partners with the ability to manage their functional and performance requirements. Besides providing a host of new functionalities, the latest version of DOME boasts of a highly enhanced user experience. We continuously strive to provide innovative and globally accepted technology to our partners."

siliconindia