News, Events & Press

London: Monday June 5, 2006

Onix Solutions, the leading provider of high performance FIX-based messaging platforms, today announced the strategic Appointment of new a partner IT Absolute to deliver Onix FIX solutions and consulting Services to the Middle East, Gulf Area and North Africa via their marketing company Meeting Point GT which based in Dubai.

"Our growing partner network is the key to our continuing growth and further adoption of Onix solutions around the globe,"
said Onix Solutions Business Liaison Manager, Richard Barker.
"IT Absolute provides the essential regional knowledge and local support to our customers which is critical in any acceptance process," added Barker.

The offering of an integrated FIX, Order Management and Market Data platform, provides minimal risk and fast execution for clients. The most advanced capabilities for trading and market data aggregation is now available to the region through market leading technology solutions. Three additional joint deployments will soon be launched.

'IT Absolute is delighted to have secured Onix Solutions as a partner in the Middle East, Gulf Area and North Africa marketplaces, to be integrated with our online trading solutions and the ordering management systems for Equities, Commodities, Fixed Income, Futures & Options and Foreign Exchange" said Saher Mhaisen, Managing Director of IT Absolute.

Onix Solutions and IT Absolute's strategic alliance will accommodate the rising regional demand for connecting to the Dubai Financial Market, Amman, Cairo and other local exchanges. Regional support and Arabic documentation will reduce deployment times and enhance product and service appeal.

With offices located in Amman and Dubai, IT Absolute and its subsidiary Meeting Point GT (Dubai) are ideally situated to deliver greater efficiencies for all FIX trading across Equities, Commodities, Fixed Income, Futures & Options and Foreign Exchange for the Middle East and North Africa region.

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