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June 2nd, 2008 - : NYFIX, Inc. has announced the release of Appia v5, the newest version of its FIX engine.

NYFIX, Inc. announcesthe release of Appia v5


Key features of Appia v5 include:


Ultra-High Performance: Appia v5’s significantly reduced latency and higher message throughput capabilities will enable clients to handle increased trading volumes while remaining responsive to fast-moving market opportunities.

Extensive Flexibility: Appia v5’s increased flexibility will facilitate its integration with existing trading applications and networks to ensure fast installations and efficient end-to-end trading solutions. These performance and flexibility enhancements will enable enterprise-wide deployments across multiple assets classes, desks, and countries.

Uninterrupted Trading: The addition of Dynamic Load Balancing and High Availability options further enhance the solution by ensuring immediate failover protection for uninterrupted trading.

Bob Moitoso, Global Head of the FIX Division at NYFIX, commenting on the release, said: "With trading volumes surging and executions being measured in milliseconds, financial institutions across the globe are constantly looking to minimize data latency as a way to differentiate themselves and gain a competitive advantage. We have evolved Appia to address these challenges and included numerous performance enhancements that will enable our clients to respond immediately to fast moving market opportunities and reach the market before their competitors.”

Additional features of Appia v5 include:

Support for FIX 5.0 and FIXT 1.1 transport independence,

Real-time granularity and monitoring options,

Support for static and dynamic threading models,

Expanded scope for enhanced reject messages, and

Message flow control with an optional throttle plug-in.

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