About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

StoneX Chooses Chronicle FIX Solution for Equities Trading

Subscribe to our newsletter

StoneX Financial – formerly known as INTL FCStone – has selected Chronicle Software, the low-latency microservices and technology solutions provider, to enhance its equities trading performance. In a competitive process to replace its incumbent trading technology, the firm cited speed, flexibility and reliability as the key factors behind the decision to select Chronicle.

StoneX provides execution, advisory and technology services to institutional market participants across a range of financial instruments, including securities, foreign exchange and commodities.

According to Thomas Moore, Managing Director, Head of Equities Trading at StoneX, the firm’s choice of Chronicle “was influenced particularly by the enhanced features and functionality delivered in its FIX software, as well as the company’s nimble and flexible approach to providing its services. Our customers will benefit particularly from the speed, reliability and flexibility overall of Chronicle’s solution.”

The Chronicle FIX engine is a core trading technology, built to meet stringent performance and resilience requirements, with throughput of 1m messages per server/second, rule-based routing, multi-level security and a robust design supporting uninterrupted trading.

The company has been gaining ground with its low-latency solutions recently, announcing a number of wins in the last twelve months, including Austria-based Raffeissen Bank, a leading North American stock exchange, and Asian bank UOB.

Peter Lawrey, CEO of Chronicle Software, said: “Our approach to software development supports and facilitates an increasing ‘buy to build’ trend in financial services. We recognise the challenges faced by market participants in integrating old and new technologies, and offer customers maximum flexibility in respect of Chronicle software licensing and solution implementation.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Market data in the cloud

Date: 8 December 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Over the past several years, the topic of market data in the cloud has been hotly debated – latency has been an issue, which data to put in the cloud has been discussed, and lines have been drawn. But...

BLOG

LeapXpert Partners with OpenFin to Increase Productivity Around Messaging Apps

LeapXpert, the enterprise-grade business communication platform, has announced a strategic partnership with OpenFin, the operating system (OS) of enterprise productivity. Under the partnership, LeapXpert’s Federated Messaging Orchestration Platform will be integrated into OpenFin OS, enabling traders and other enterprise employees to retrieve critical information sent through messaging applications without leaving their primary workspace or interrupting...

EVENT

TradingTech Summit London

Now in its 11th year the TradingTech Summit London brings together the European trading technology capital markets industry, to explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility.

GUIDE

Trading Regulations Handbook 2022

Welcome to the third edition of A-Team Group’s Trading Regulations Handbook, a publication designed to help you gain a full understanding of regulations that have an impact on your trading operations, data and technology. The handbook provides details of each regulation and its requirements, as well as ‘at-a-glance’ summaries, regulatory timelines and compliance deadlines, and...