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 (MDS) Named To Develope the Firm Booth and Broker
HandHeld Trade Reporting Computer for the new Automated
Equity Trading System for the American Stock Exchange(AMEX)
MICRO DESIGN SERVICES, LLC (MDS), has
been selected by the American Stock Exchange (AMEX) to
design and build the floor booth and broker hand-held
computer interfaces to the new automated trading engine
being developed by AMEX. MDS will develop the functionality
and visual displays on both the booth and broker hand
held computer-trading platforms so that brokers can execute
electronic orders on AEMI as well as execute orders in
the auction market.
AEMI will provide immediate and automated execution of
electronic orders in full compliance with Regulation NMS
as well as brokered orders in the auction market. The
system will contain functionality for both pre- and post-Regulation
NMS compliance. Amex's new market structure will offer
market participants a greatly expanded range of automated
transaction services for equities and exchange traded
funds and will combine the speed of an electronic market
with the dedicated liquidity of an auction market for
times of order imbalances, complex trades, or when natural
liquidity cannot be found.
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.
