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Asia and South Africa Trading Hubs link Bi-Directional Trade Flow

MetaBit, Japan and Peresys, South Africa link FIX Networks for Bi-Directional Trade Flow

Tokyo, Johannesburg, March 19, 2008 – MetaBit, Tokyo, a leading provider of FIX connectivity in Japan and Asia has certified its MLH FIX Network with Peresys’ Business Process Network (BPN), Africa’s pre-eminent FIX services and connectivity provider. Respective clients can now access equities and derivatives listed on the JSE (Johannesburg Securities Exchange) as well as all of Japan’s securities exchanges for both Care and Direct Market Access orders.

This new joint offering will satisfy an increasing client need for global execution reach from home markets. One of the major advantages is that from a single point of access, the leading South African fund managers and hedge funds connected to the Peresys BPN can now trade with MetaBit’s 33 connected brokers executing on Japanese exchanges and all other regions, while MetaBit’s Japan client base who have particular interest trading into South Africa’s top 30 brokers, can route orders through a simple local connection to MetaBit’s local MLH. Please click here for details.

Source: 19.02.2008 MetaBit Systems

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