Wednesday September 6, 7:31 am Eastern Time
Javelin Technologies, Inc.
Javelin Technologies Announces Agreement with Yahoo! to Provide the FIX Technology for Real-Time ECN Quotes on Yahoo! Finance
Yahoo! Finance uses Javelin's Coppelia to Receive Data Feeds from ECNs
NEW YORK, Sept. 6 /PRNewswire/ -- Javelin Technologies today announced an
agreement with Yahoo! Inc. (Nasdaq: YHOO - news), a leading global Internet
communications, commerce and media company, to provide its Coppelia FIX
software to enable Yahoo!® Finance (http://finance.yahoo.com) to receive FIX
protocol-based data feeds from three Electronic Communication Networks (ECNs),
including Instinet, Island and Archipelago.
Real-time ECN quotes enable
Yahoo! Finance users to make more informed investment decisions.
``Working with Yahoo! has been a great opportunity for us to demonstrate
that FIX has few limits when it comes to helping people trade better,'' said
George Kledaras, CEO and president of Javelin Technologies.
``Being able to
access an ECN's entire book is a substantial deal and was only recently
possible with the introduction of FIX 4.2.
This agreement enables Yahoo!
Finance users to access valuable, relevant investment information.''
``We are pleased to work with Javelin and to utilize one of the leading FIX
engines,'' said Tim Sheehan, director of production, Yahoo! Finance.
help of Javelin Technologies, Yahoo! provides its millions of users access to
real-time ECN quotes for their portfolios as well as individual stocks --
before, during and after market hours.''
``Yahoo's selection of Javelin's Coppelia FIX Server, to help Yahoo!
Finance receive ECN order book data, endorses the use of the FIX protocol for
transmitting financial information to the investment community, '' said John
Coulter, senior vice president, Javelin.
``We are extremely pleased to work
About Javelin Technologies, Inc.
Javelin Technologies, Inc., based in New York City, is a leading provider
of FIX solutions for the global securities marketplace.
Javelin is committed
to providing innovative FIX solutions that facilitate electronic trading,
enhance Straight Through Processing across security types and further the
belief that one protocol, one language is the very key to open trade
Javelin supports hundreds of clients and strategic partners,
including Morgan Stanley Dean Witter, Advent Software, Fidelity Management
Research, Instinet, Thomson Financial and Market XT/Tradescape.
information on Javelin's FIX technology, visit their website at
Yahoo! and the Yahoo! logo are registered trademarks of Yahoo! Inc.
All other names are trademarks and/or registered trademarks of their