Serge Pustelnik
Genesis Securities
Monday, July 18, 2005
New York â Monday July 18, 2005 - Genesis Releases New Genesis Trading Protocol
Genesis Securities, LLC. is proud to announce the release of a new order entry protocol, entitled GTP, or Genesis Trading Protocol.
GTP is utilized to communicate with Genesisâ execution servers. With GTP, orders can be entered via a simple text format. This minimizes programming time, as the order entry syntax does not require advanced coding or FIX knowledge. All GTP orders are sent to the Genesis system directly, bypassing any extra servers, which results in increased speed and greater stability.
GTP is both platform and programming environment neutral. It works with any OS whether MS-Windows, Linux, FreeBSD, Mac OS, or .Net, as well as any programming language. âThe protocol will create greater compatibility for our clients. They will be able to connect to us using any system and will not be limited to our API or FIX,â said Ken He, Chief Technology Officer for Genesis Securities, LLC.
âWith the release of GTP, we are now positioning Genesis as the premier provider of automated trading strategies for both institutional and retail clients,â said William Yeh, President and CEO of Genesis Securities, LLC. âThe new protocol facilitates ease of use and faster order processing. This, combined with Genesisâ direct access lines and ultra low transaction costs, establishes Genesis as a leader in the automated trading fieldâ.
When compared to FIX, GTP is much quicker in terms of order transmission time, as well as more intuitive in terms of programming. GTP supports any type of automated trading strategy, including black box and gray box, as well as any interactive front end.
The Protocol is available for download from Genesisâ website: www.gndt.com
About Genesis Securities, LLC
Genesis Securities is the industry leader in low cost, direct access trading. With ultra-high bandwidth lines to all major market participants, utilizing economies of scale, Genesis is able to provide traders with the fastest, most reliable execution at the lowest possible cost.
Genesis offers automated trading solution by making providing an array of powerful APIs, FIX connectivity and the proprietary Genesis Trading Protocol.
The Laser Trading Platform, the proprietary trading platform developed by Genesis Securities, is certified Platinum by NASDAQ, and Genesis Securities is a NASDAQ Certified Platinum Partner. Currently, Laser is the only order-entry trading platform that is ranked on a Platinum level. Genesis Securities, LLC is a member of NASD, PCX and SIPC.
Contact:
Serge Pustelnik, Genesis Securities, LLC
Business Development Director
212-668-0888 x117
serge_pustelnik@gndt.com
www.GNDT.com
New York â Monday July 18, 2005 - Genesis Releases New Genesis Trading Protocol
Genesis Securities, LLC. is proud to announce the release of a new order entry protocol, entitled GTP, or Genesis Trading Protocol.
GTP is utilized to communicate with Genesisâ execution servers. With GTP, orders can be entered via a simple text format. This minimizes programming time, as the order entry syntax does not require advanced coding or FIX knowledge. All GTP orders are sent to the Genesis system directly, bypassing any extra servers, which results in increased speed and greater stability.
GTP is both platform and programming environment neutral. It works with any OS whether MS-Windows, Linux, FreeBSD, Mac OS, or .Net, as well as any programming language. âThe protocol will create greater compatibility for our clients. They will be able to connect to us using any system and will not be limited to our API or FIX,â said Ken He, Chief Technology Officer for Genesis Securities, LLC.
âWith the release of GTP, we are now positioning Genesis as the premier provider of automated trading strategies for both institutional and retail clients,â said William Yeh, President and CEO of Genesis Securities, LLC. âThe new protocol facilitates ease of use and faster order processing. This, combined with Genesisâ direct access lines and ultra low transaction costs, establishes Genesis as a leader in the automated trading fieldâ.
When compared to FIX, GTP is much quicker in terms of order transmission time, as well as more intuitive in terms of programming. GTP supports any type of automated trading strategy, including black box and gray box, as well as any interactive front end.
The Protocol is available for download from Genesisâ website: www.gndt.com
About Genesis Securities, LLC
Genesis Securities is the industry leader in low cost, direct access trading. With ultra-high bandwidth lines to all major market participants, utilizing economies of scale, Genesis is able to provide traders with the fastest, most reliable execution at the lowest possible cost.
Genesis offers automated trading solution by making providing an array of powerful APIs, FIX connectivity and the proprietary Genesis Trading Protocol.
The Laser Trading Platform, the proprietary trading platform developed by Genesis Securities, is certified Platinum by NASDAQ, and Genesis Securities is a NASDAQ Certified Platinum Partner. Currently, Laser is the only order-entry trading platform that is ranked on a Platinum level. Genesis Securities, LLC is a member of NASD, PCX and SIPC.
Contact:
Serge Pustelnik, Genesis Securities, LLC
Business Development Director
212-668-0888 x117
serge_pustelnik@gndt.com
www.GNDT.com