CHICAGO, December 13, 2010 /PRNewswire/ -- Greenline Financial Technologies, Inc., a leading provider of electronic trading marketplace solutions, today announced that the Turkish Derivatives Exchange (TurkDEX) has engaged Greenline for FIX Testing and Training Services using VeriFIX(R), Greenline's flagship FIX Protocol testing solution. The TurkDEX will use VeriFIX to simultaneously emulate exchange, broker and clearinghouse environments, enabling the TurkDEX to more efficiently complete testing prior to the deployment of their FIX infrastructure. Additionally, Greenline's Professional Services team delivered a custom FIX training program covering FIX Protocol requirements and the FIX testing lifecycle.

"We were pleased to be able to use our FIX expertise to assist the Turkish Derivatives Exchange in this important project," said Josh Tolman, President of Greenline. "Greenline's global FIX and exchange technology expertise is instrumental in helping exchanges around the world accelerate deployment of world-class FIX infrastructure," added Tolman.

"We are very satisfied with the quality and reliability of Greenline's Professional Services team and the VeriFIX(R) product," said Cetin Ali Donmez, Chief Executive Officer of the Turkish Derivatives Exchange. "The initial results of Greenline's integrated FIX testing program are promising and we look forward to accelerating connectivity for our regional and international exchange members."

Greenline is widely recognized as a FIX Protocol expert and developed this custom FIX testing program to fit specific project requirements for the TurkDEX. The FIX testing program is a comprehensive solution for exchanges, institutional investors and broker- dealers looking to expand or migrate to a FIX-based trading architecture.