Paris, France and Sydney, Australia – February 6, 2013 – Enyx, a leader in FPGA accelerated market data feeds, is expanding commercial coverage into Asia during 2013. Connectivity to Tokyo Stock Exchange (TSE Arrowhead) is already available with KRX (Korean Options and Futures), HKex Orion (HK Equities and Derivatives) and ASX Itch (Australian Equities and options) in development for delivery to clients during 2013. To support the growth in requirements for its products and services, Enyx is establishing a local presence in the region.

Arnaud Derasse, CEO at Enyx, commented:

“Asia is a key trading hub with high performance trading continuing its growth as Exchanges update their infrastructure to take advantage of low latency trading. We are committed to the region and delivering FPGA solutions that are providing real improvements for firms connecting to the Asian exchanges and trading venues”

Nicolas Karonis has been recruited as Managing Director for the APAC region. Initially based in Sydney, he will be responsible for the growth of the business and the establishment of the Asian operations team to cover client support and project management during trading hours in the Asian time zone. Nicolas brings close to 20 years’ experience in the electronic trading industry working in Paris, Tokyo and Sydney.

As CTO with GL Trade in Asia, he supervised the growth of exchange connectivity to over 20 electronic markets in Asia. Nicolas has always been a driving force for the adoption new technology geared towards high performance. During the last 2 years Nicolas has led a variety of low latency and FPGA initiatives.

Nicolas Karonis, Managing Director – APAC, said:

“Asia is increasingly becoming a major market for systematic machine driven trading. The major exchanges in Japan, Korea, HK, Australia and Singapore have invested recently in major upgrades of their trading platforms. Most other exchanges in Asia have equally promising projects.

He added:

Now is the perfect time to bring Enyx’s technologies to Asia to enable algo trading or market making firms to benefit from a best in class solution for data feeds. Our FPGA based data feed handler delivers data to the consuming application in less than 1.5 micro-s. This is less than the transit time for the fastest network cards and brings immediately measurable efficiency improvements into almost all algos”.

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About Enyx

Enyx is a leading developer and provider of proprietary ultra-low latency technology focused on financial markets industry. Enyx’s core value is to design and deliver the next generation of cutting-edge trading technology, while ensuring flexibility and high availability.

Enyx offers off-the-shelf solutions, as well as assisting in the integration and deployment into customer infrastructure. Its rapidly growing client base includes Stock Exchanges, ECNs, ATSs, proprietary trading firms, Investment Banks, Brokers and Investment Funds.

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