OCM CAPITAL MARKETS SELECTS FIXCITY’S IOINET SOLUTION Tuesday 11 September 2007 PDF Print Indication of Interest Distribution Solution, ioinet, to Complement OCM Capital Markets’ Algorithmic Trading Platform London, UK, 11 September, 2007 – FIXCITY, an independent specialist in web-based, global electronic trading solutions, today announced that pure agency-only broker OCM Capital Markets has selected ioinet, FIXCITY’s Indication of Interest (IOI) distribution product, to support its global equities trading desk. OCM will use ioinet to deliver targeted IOI messages on stocks throughout the world to key buy-side firms, according to the geographies or sectors they are dealing in. OCM’s IOI distribution, via ioinet, will work alongside its proprietary algorithmic trading platform, enabling clients to achieve greater efficiency in trading strategies and secure best execution. Leslie O’Malley, chief executive officer, OCM Capital Markets, comments: “OCM offers a unique approach to trading using next-generation technology to facilitate the most competitive trading strategies. By taking advantage of ioinet’s capabilities, along with offering the latest in algorithmic trading, OCM ensures its clients achieve best price execution across many order types for both liquid and illiquid stocks.” ioinet’s WatchList functionality automatically notifies buy-side firms with IOIs on selected securities, ensuring they are made aware of potential trading opportunities and removing the need to search through large volumes of IOIs. Amy Muddimer, director, FIXCITY, adds: “As a pure agency-only broker, OCM never competes with its clients’ interests. By taking advantage of ioinet’s targeting tools the firm can ensure key clients are the first to receive its indications on stocks, as soon as they are available. This speeds up the trading process and drives order flow at competitive prices.” -End- Press enquiries to: Nicolle Farthing/ Nicki Ferguson, Cre8 Results Limited Email: firstname.lastname@example.org Tel: +44 (0)20 7734 9199 About FIXCITY www.fixcity.com FIXCITY is an independent specialist in web-based, global electronic trading solutions. Its innovative, platform-agnostic solutions facilitate communications between buy- and sell-side communities. FIXCITY is a leading vendor of FIX solutions and IOI delivery services. ioinet, FIXCITY’s flagship product, takes a new approach to IOI distribution. Operating across the UK, Europe and the US, ioinet’s sophisticated filters and IOI analysis tools enable finely-targeted messaging; priced on a per-destination basis. This allows its community of leading buy- and sell-side firms to concentrate on their core trading activities. Established in 2002, FIXCITY is headquartered in London with offices in New York City. FIXCITY’s dynamic approach to servicing the needs of the rapidly changing electronic marketplace has established its position as leading provider of front office decision and execution support tools. About OCM Capital Markets www.ocmcapitalmarkets.com OCM execute cash equity trades throughout the world. The firm has extensive market coverage transacting in both liquid and illiquid stocks at competitive prices. OCM can facilitate many types of order including worked, limit, contingent and multi-faceted. OCM offers algorithmic trading using proprietary software. This enables clients to achieve greater efficiency in trading strategies. Clients can achieve better price execution as a result of the superior speed of computers over manual trades. OCM provides a unique approach to equity trading. As a pure agency-only broker, OCM offers execution in a diverse range of cash equity products. OCM does not take positions and trades on a matched principle basis. This means it never competes with its clients’ capital and interests. OCM is fully authorised and regulated by the FSA and is a member of the London Stock Exchange. This press release was distributed by ResponseSource Press Release Wire on behalf of Cre8 Results in the following categories: Business & Finance, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.