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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Umex and Ullink launch FIX connectivity hub to Islamic finance sector

Posted on 24 November 2010

From Finextra.com: UMEX Capital Markets Group plc announced that, in partnership with ULLINK, it has launched a dedicated broker dealer gateway cloud - UGx for Islamic banks, fund managers and brokers to interact with each other using FIX connectivity.
The UMEX Gateway Xchange is a connectivity hub where traders and market participants, who are operating in the Islamic finance sector, can deal in real time in securities from over 50 exchanges around the world. UGx facilitates interaction between institutions, brokers, fund managers, markets, and even from system to system……………………………………….Full Article: Source

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