Vela among the first Eurex Prime ISV members on board

April 11, 2019 - Eurex has announced the first two ISV Prime members who have been rewarded for their efforts implementing optional features or services for EnLight: FIS Front Arena and Vela.

“FIS is pleased to work with Deutsche Börse on this new initiative for Eurex Prime ISV.  We envisage Eurex EnLight will increase in popularity as block trading moves away from bilateral to multilateral negotiation, adding transparency, automation and improved execution. At FIS we offer our clients innovative and flexible trading technology that can flex and scale to meet their business objectives, therefore the expected added support for Xetra EnLight, and other forthcoming Deutsche Börse developments further enables us to extend our client solution.”  - Antonio Pulido, Product Manager, integrations and market making, FIS Front Arena 

“With Vela’s Metro Trading Platform supporting automated, algorithmic, and click trading strategies, market participants can access the SRQS platform with ease whilst fully integrating their options volatility curves along with their risk and position management profiles. Vela remains at the forefront of delivering world-class, innovative solutions that help enhance the automated trading experience. We look forward to continue working closely with the Eurex team to bring their latest innovations to the market.” - Ollie Cadman, Global Head of Product Management and Business Operations, Vela 

In our recently started new annual initiative, we recognize Independent Software Vendors (ISVs) that support non-mandatory release items, e.g. new products or new functionality. The program enables Independent Software Vendors to qualify on an annual basis as a Prime ISV by supporting an optional feature or service that offered by Eurex Exchange.

“On 2 May, we extend our market structure by a third dimension with the role out of Eurex EnLight across a very broad range of products. We are very grateful to our customers and vendors supporting this step. Particular praise belongs to FIS Front Arena and Vela for having already now advanced solutions available for the Eurex community to take advantage of Eurex EnLight now.”  - Randolf Roth, Member of Eurex Frankfurt Exec. Board, Market Design & Delivery