IO-Works Inc. is a technology company specializing in aggregation services for the foreign exchange marketplace.
IO-Works has developed the FX-Works TM aggregation system offering innovative software design and advanced architecture.
FX-Works is now accessible as a software service hosted by Equinix NY4.
The company is led by founder Joseph Wang, who has extensive experience designing trading systems for hedge funds, technology providers and major banks. Building on this experience, the IO-Works design team developed FX-Works aggregation system. FX-Works delivers distinct competitive advantages in performance, cost, accessibility as well as assuring extensible architecture.
Over the past few years, the foreign exchange marketplace has changed dramatically,exemplified by expanded access to liquidity, exponential growth in volume and the advent of HFT strategies. As competition intensifies, upgrading technology and reducing technology costs has become a marketplace imperative.
FX-Works aggregation and architecture solutions provide trading partners with a unique response to the challenges of today’s FX marketplace and represents the evolution of trading software from current standards.
Joe Wang, the founder of IO-Works, has been designing and developing FX trading systems since 2003. His early work was as a member of the FXall design team that was responsible for launching the QuickFill trading system in 2004. Six billion dollars per day are trading on QuickFill, making it one of the most successful trading platforms. He also designed the market data and pre-trade credit system for Accelor, an ECN that accounts for more than one billion dollars per day in trading. FX-Works is the culmination of Mr. Wang’s decade-long track record of successfully creating integration and connectivity solutions.