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Contact: Roman Szymansky, President
Phone: 973.402.4334 x101
roman@microdesignservices.com
www.microdesignservices.com

John Petschauer
Chief Executive Officer
973-402-4334, x107
jp@microdesignservices.com

 

Micro Design Services, LLC Implements New Fast Order Entry (FOE) for AMEX.


The American Stock Exchange, LLC (AMEX) has deployed the new Fast Order Entry (FOE) for the BARS Booth for Option and Complex Orders. FOE was designed and developed by Micro Design Services, LLC ( http://www.microdesignservices.com). FOE is a new GUI and processing approach that provides for faster and more efficient entry of option orders at the BARS Booth terminals. In addition, FOE has improved the layout of data for faster and more efficient entry for Complex Order Entry with up to 8 legs.

The emphasis for FOE is placed on Integrated Market Data, enabling the client to more quickly generate bid/ask quotes. The client now has the ability to view the current market data for options series order pricing and can quickly hit the quote for automatic order generation. The Market Data display is dynamic and updates in real-time. FOE successfully went live on August 4, 2008.

About Micro Design Services, LLC
Micro Design Services, LLC (MDS) is an industry leader in the design and development of sophisticated software products for the financial industry. MDS provides its customers with outstanding technology, enabling them to compete in a rapidly changing environment. The company created the patented MarketLook™ Information System (MLIS) , and designed and developed many of the order m anagement and r outing systems used on leading equities, options, and futures exchanges in the US. These systems incorporate the latest in wireless radio technology, and mobile tablet computer products. Founded in 1990, MDS is headquartered in Parsippany, New Jersey. For more information, visit www.microdesignservices.com.


 
 
 
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