Kinetix Signs Up Millennium for Trade Manager Suite

NEW YORK, Dec. 15, 2011 /PRNewswire/ -- Kinetix Trading Solutions Inc., a niche technology solutions provider to capital markets firms, announced today that it has signed an agreement to provide custom technology solutions and services to Millennium Management LLC, the New York based hedge fund manager. Kinetix will provide Trade Management, Client Clearing, and Workflow components from their Trade Manager Suite to Millennium's Fixed Income and Futures business.

According to Amit Karande, CEO at Kinetix, "Millennium is a global leader and we are excited to be a part of their strategic solutions."

Michael Chew, Head of Fixed Income and Risk Technology at Millennium, adds, "We are very happy to have Kinetix as a solution provider and we are looking forward to a long-term partnership."

Kinetix Trading Solutions Inc. (www.kinetixtt.com) provides technology services for brokers/dealers, hedge funds, investment management firms and service providers. A niche player in the Fixed Income Cash and OTC business, Kinetix's component-based platform and bespoke solutions provide Cross Product Trade Capture and Processing, Client Clearing, Risk Aggregation and Straight Through Processing to leading ISVs and CCPs.

SOURCE Kinetix Trading Solutions Inc.

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