Fixnetix

Fixnetix operates as a specialized provider of front-office managed trading solutions for the global capital markets industry. The firm was co-founded in 2005 by Hugh Hughes, who had an extensive career in investment banking, including a decade as CEO of Societe Generale Securities in London. His experience in building stockbroking businesses and leading technology firms informed the creation of Fixnetix, which was established to deliver low-latency connectivity and trading technologies.

The company's business model is centered on providing fully managed, outsourced services to a client base that includes investment banks, hedge funds, and proprietary trading firms. Revenue is generated by offering a suite of solutions that encompasses market data, trading access, and connectivity to liquidity venues. This approach allows financial institutions to move away from costly and complex in-house IT infrastructure toward a more flexible, as-a-service model, reducing fixed costs and improving operational efficiency.

Fixnetix's core services are designed to address the intense demands of electronic trading. The company provides ultra-low latency market data and resilient trading access, functioning as a Vendor of Record (VoR), Network Service Provider (NSP), and Independent Software Vendor (ISV) for numerous exchanges worldwide. Its offerings also include pre-trade risk and execution management technologies, which are critical for high-frequency trading environments. By managing the entire front-office technology stack—from hosting and infrastructure in over 40 global data centers to connectivity and risk management—Fixnetix enables clients to enhance their competitive positioning through speed and reliability.

The company's journey includes several significant milestones. In 2012, Fixnetix was recognized as the UK's fastest-growing technology firm in the Deloitte Fast 50. A major transition occurred in 2015 when the company was acquired by Computer Sciences Corporation (CSC). Following the merger of CSC with HP Enterprise's services business to form DXC Technology in 2017, Fixnetix became part of the new entity. The final chapter in its evolution came in April 2021, when Fixnetix was acquired by Options Technology, a provider of IT infrastructure to capital markets firms. This acquisition was positioned as a complementary move, combining Fixnetix's strength in Europe with Options Technology's coverage in the US and Asia.

Keywords: front-office trading solutions, managed trading services, low-latency market data, capital markets infrastructure, liquidity venue connectivity, pre-trade risk management, execution management, high-frequency trading, algorithmic trading, outsourced IT infrastructure, financial technology, FinTech, investment banks, hedge funds, proprietary trading, global data centers, electronic trading, co-location services, network service provider, vendor of record