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Jitneytrade Institutional Equity Desk Goes Live with MIXIT OMS

April 05, 2012


DATE: 4 April 2012 


CONTACTS:

Walter Fitzgerald
President and CEO
MIXIT, Inc.
917-254-4740
sales@mixitusa.com

Michael Ottrando
VP, Sales
MIXIT, Inc.
917-254-4049
sales@mixitusa.com

Jitneytrade Institutional Equity Desk Goes Live with MIXIT OMS

New York: 4 April 2012 – MIXIT Inc., a leading provider of broker-neutral, multi-asset compliance, network and trading solutions, is pleased to announce that it has signed an agreement with Jitneytrade, Inc., a leading independent broker dealer in Canada.

JitneyTrade, Inc. is now live with a robust Order Management System (OMS) that will be used to route Canadian, US, International equity, options, and futures order flow. “We are very excited to have a chosen a premier global multi-asset technology partner for our institutional clients. MIXIT has provided a seamlessly integrated solution that leverages Jitneytrade’s smart order routing technology and advanced multi-asset algorithmic suite. MIXIT’s enhanced risk system has provided Jitneytrade and its clients with added safeguard in an ever changing environment. MIXIT’s global reach has helped to expand our product and service offering while delivering first class execution and service to our clients.”, said Eric “Moose” Dubreuil, Managing Director – Head of Institutional Equity at Jitneytrade.
“We are very excited about the opportunity of working with JitneyTrade. We are seeing strong demand in the Canadian marketplace for MIXIT’s trading technology and services and we are providing a comprehensive, economic solution to the broker dealer community there,” said Michael Ottrando, Vice President of Sales at MIXIT.

“We are delighted to offer our comprehensive technology products and services to the Canadian community. MIXIT’s continued strong growth allows us to invest and expand into new markets. We have extended our high speed network into Canada; offering local connectivity to all major execution venues. We are well positioned to deliver value to both new and existing customers in Canada”, said Walter Fitzgerald, President and CEO of MIXIT.

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About MIXIT MIXIT is a broker-neutral, multi-asset trading platform offering an Order/Execution Management System (OMS/EMS), FIX connectivity, and compliance solutions to the financial services industry. MIXIT's integrated suite of technology supports institutional and broker-to-broker-based trading across Equities and Options. The MIXIT routing network encompasses all major Algorithms, Exchanges, Brokers, Crossing Venues, and Dark Pools. We offer electronic, real-time trading solutions, including Front-, Middle-, and Back-Office products, in addition to Compliance offerings. www.MIXITusa.com

In August 2011, MIXIT was acquired by Patsystems, a leading provider of derivatives trading and risk management technology. For more information on Patsystems, please visit www.patsystems.com.

About Jitneytrade
Founded in 1991, Jitneytrade is Canada’s leading agency-only broker for cash and derivatives trade execution. From discount brokerage to institutional order management, Jitneytrade is revolutionizing the financial industry with an approach of pure execution focusing on performance, flexibility, discretion and impartiality. Jitneytrade offers investors the ability to maintain their competitive edge through secure, fast and direct access to markets with cutting-edge solutions in all Canadian equity and fixed income marketplaces; cash options and futures.

Jitneytrade is a registered member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF).