March 13, 2012

R.J. O’ Brien & Associates signed on to use FFastFill plc’s front office trade execution and management suite, Trading Pro, a software-as-a service (SaaS) offering for the global derivatives community.

R.J. O’Brien will use the global multi-asset class platform for trading of futures, options, FX, equities, repos and CFDs.

The futures brokerage firm will deploy Trading Pro within its European and U.S. operations.

According to London-based Fastfill’s, the software’s rich functionality is addresses the front-end trading and risk management needs of the trading and broking community. FFastFill has built a core SaaS platform that is highly tailored to the needs of traders, brokers and risk managers, according to the company’s announcement. The basic functionality includes all exchange-quoted trading strategies and order types, together with custom built order types that are permitted by exchanges. Commenting on the news, Hamish Purdey, CEO of FFastFill, said: “This is a very significant contract win for FFastFill. FFastFill is delighted to be working with a firm like RJO – one of the most respected names in the futures industry.”

As one of the largest independent futures brokerage firms in the United States, R.J. O’Brien utilizes electronic trading technology and offers 24-hour futures execution on every exchange in the world. Clearing more than 100,000 client accounts, RJO services a global network of more than 400 introducing brokers and many of the world’s largest financial, industrial and agricultural institutions.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in ...