ION MarketFactory wins ‘Connectivity Provider of the Year’ at Asia Capital Markets Awards
Hong Kong – 21 September 2022: ION, a global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, announces that ION MarketFactory won ‘Connectivity Provider of the Year’ at the 2022 Asia Capital Markets Awards.
Hosted by FOW Global Investor Group, the buy-side-led awards recognize the outperformance, innovation, and achievement of firms and individuals involved in the Asian capital markets. A panel of judges with extensive industry experience selects the winners, presenting 51 awards in 8 categories.
MarketFactory proudly offers clients a suite of tools that free traders to innovate. Its core offering is software-as-a-service and connectivity to currency markets, giving clients access to the entire FX market, regardless of location, workflow, protocol, instrument, or liquidity provider, while operating at industry-leading lowest latencies.
MarketFactory’s flagship product, Whisperer, is a single API that connects to more than 150 FX APIs with a speed of 5–7 microseconds, up to 1,000 times faster than other market solutions. Whisperer normalizes market data and orders for 100+ venues, providing broad and in-depth coverage for all FX workflows and instruments (spot, forwards, NDFs, and swaps). Equities, energy, rates, and agriculture are also covered through MarketFactory’s futures products.
In addition to connectivity, MarketFactory’s solutions provide a suite of complementary services such as historical market data, risk, and infrastructure solutions.
An active contributor to the Asian capital markets, the business is a strong partner of the Monetary Authority Singapore (MAS). MarketFactory has helped many banks go live in the Singapore data center, allowing them to consume and provide liquidity to the local market.
In the last year, MarketFactory added new feeds for 38 venues. MarketFactory’s solutions now support direct connectivity points in CHI, NY4, LD4, TY3, and most notably, Singapore’s Equinix SG1 data center. MarketFactory helps global FX firms establish a Singapore footprint and connect to local markets. Clients in the Asia market avail MarketFactory’s global presence for co-location needs in international data centers, and non-Asian clients use its Singapore presence to serve customers in Asia.
“We are pleased to have been recognized as the ‘Connectivity Provider of the Year’ category at the 2022 Asia Capital Markets Awards,” said Eugene Markman, CEO of ION MarketFactory and COO of ION Markets (FX). “This award is further testimony to the success of our MarketFactory solutions successfully to turn market complexity into trading simplicity, freeing traders to focus on pricing, hedging, and generating alpha.”
ION GTP also won two categories at this year’s FOW Asia Capital Markets Awards, namely, Best New Product – Trading and Execution; and Derivatives Trading System of the Year. The awards were presented during a dinner ceremony that coincided with Trading Singapore 2022, one of the leading events for derivatives trading and investment in the APAC region.
About Asia Capital Markets Awards
The Asia Capital Markets Awards, hosted by FOW Global Investor Group, is the largest, buy-side led program that recognizes outperformance, innovation, and achievement for firms and individuals involved in the Asian capital markets. A panel of judges with extensive experience in the industry select the winners, with 51 awards presented in 8 categories.
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About ION Group
ION Group provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their business for sustained success through continuous innovation. For more information, visit https://iongroup.com/.
About ION Markets
ION Markets provides transformative technology and solutions to financial institutions dealing in equities, fixed income, foreign exchange, cleared derivatives and secured funding. Our award-winning end-to-end solutions simplify clients’ operations by automating the full trade lifecycle, providing tools to manage risk, and maximizing access to liquidity, while giving real-time access to critical information required for timely operational decisions and execution on a global scale. For more information, visit https://iongroup.com/markets/.