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Golden Gate Securities fire up online trading by using Orion-TradeSoft latest technology

  • United Arab Emirates: Monday, November 21 - 2005 at 17:00
  • PRESS RELEASE

Golden Gate Securities a regional limited liability company approved by Dubai Financial Market (DFM) and Abu Dhabi Stock Market (ADSM) specializes in brokerage services for individual and institution, has announced today the successful implementation of a sophisticated technology platform that supports all aspects of its online stock trading.

The new Orion-TradeSoft eBrokerage suite allows the company to provide accurate and comprehensive processing of securities, position keeping, tracking, and market analysis & reports to stock trading clients.

"To be where the action is, at the touch of a button is what makes online stock trading a personal satisfaction to our clients. To us-- the ultimate fulfillment is --our clients' motivation to grow their portfolios at the optimum level,"

said Shamsudeen Olajuwon, CEO, Golden Gate Securities. "The Orion-TradeSoft eBrokerage facility has provided us with the ideal platform for secure online trading and information sharing which assists our clients in meeting their portfolio goals."

The implementation was carried out by Orion-TradeSoft who has incorporated into its OMS an Appia FIX (Financial Information eXchange Protocol) Engine from NYFIX, Inc., a global leader in FIX technology. Orion-TradeSoft also acts as an authorized distributor for NYFIX's products and services in the region.
 
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Notes and Media Contacts »

About Golden Gate Securities:
• Specialized in brokerage services for individual and institution
• Based in the UAE with ties to all points of trading throughout the world
• Focusing on Online Trading

About Orion-TradeSoft:
Orion-TradeSoft specializes in financial and transactional software technologies, such as Online Trading Solutions.
Orion-TradeSoft is the company behind the "eBrokerage" application - TradeSoft's flagship product which addresses all important facets of transaction processing, including Order routing, Execution and clearance, Position keeping, and back office accounting. eBrokerage utilizes Appia - the next generation FIX engine from NYFIX.

About NYFIX:
NYFIX, Inc. is an established provider to the domestic and international financial markets of trading workstations, middle-office trade automation technologies and trade communication technologies. The Company's NYFIX Network is one of the industry's largest networks, connecting broker-dealers, institutions and exchanges. In addition to its headquarters in Stamford, NYFIX has offices on Wall Street in New York City, in London's Financial District, in Chicago, and in San Francisco. NYFIX operates redundant data centers in the north-eastern United States with additional data center hubs in London, Amsterdam, Hong Kong and Tokyo. For more information, please visit www.nyfix.com.

Press Contact: Press Office @ Orion-TradeSoft
Tel: +971 4 3614473
Fax: +971 4 3614472
P.O.Box 211768
Dubai, UAE

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