Latest FIX News: Finextra Research

Nyse Euronext to buy Nyfix for $144m

Nyse Euronext has entered into a definitive agreement to acquire, through its technology unit, US trading systems vendor Nyfix in a cash deal worth around $144 million.

27 August 2009

News/FIX

European exchanges and clearers lay down interoperability guidelines

Trading and clearing venues across Europe have agreed a set of standards to cover the electronic exchange of trade information between competing market infrastructures.

02 July 2009

News/FIX

LSE selects Rapid Addition for FIX engine

The London Stock Exchange (LSE) has selected Rapid Addition for the provision of a FIX engine to its TradElect platform.

04 March 2009

News/FIX

Swiss Exchange starts migration to new trading platform

SIX Swiss Exchange has gone live with its new SWXess modular trading platform, starting a migration period that gives member banks until April 9 to move off the old SWX platform. Swiss Bank BEKB | BCBE has become the first bank to connect to the FIX-based standard interface module, using the GLOX7 trading connectivity solution from GlobalXTrade.

18 February 2009

News/FIX

Standard Chartered deploys Apama FX aggregation software

Standard Chartered Bank has gone live with the Progress Apama FX Market Aggregation Accelerator in a deployment spanning currency trading desks in three continents.

21 January 2009

News/FIX

Funds industry standards could be years away, says Clearstream

Interoperable standards between banks, fund managers and their intermediaries could take decades to emerge, according to European clearing and settlement body Clearstream.

19 September 2008

News/FIX

Nyfix cuts staff as costs keep on rising

Nyfix cut 10% of its global workforce in June in a bid to reduce annual costs by $5 million, but the US trading systems vendor warns it will incur further costs from its Euro Millennium ATS and the integration of its Fixcity acquisition during the rest of the year.

12 August 2008

News/FIX

Finexpo to focus on new execution landscape

The Finexpo - Execution Management conference and exhibition has opened for registration. The event, on Thursday 16 October at The Brewery in London, will focus purely on trade execution, order routing, low-latency data provision and productivity tools for the front-office.

25 July 2008

News/FIX

LSE outlines TradElect upgrades

The London Stock Exchange (LSE) plans to quadruple the capacity of its TradElect platform over the next few months as it looks to fend off competition from rivals entering its market.

18 June 2008

News/FIX

Standards bodies collaborate for interoperability

The major financial market standards bodies have collaborated to create an 'investment roadmap' aimed at eventually establishing ISO 20022 as the common financial messaging standard, while maintaining the existing independent protocols.

06 May 2008

News/FIX

Nyfix buys Fixcity

US trading systems vendor Nyfix has acquired London-based e-trading and FIX messaging outfit Fixcity. Financial terms of the deal were not disclosed.

10 April 2008

News/FIX

Credit Suisse licenses TT's X_Trader

Chicago-based Trading Technologies says Credit Suisse Prime Services has signed a global software licensing agreement for its order entry software, X_Trader.

12 March 2008

News/FIX

MarketAxess buys FIX outfit Greenline Financial Technologies

US electronic bond trading network MarketAxess has acquired Chicago-based FIX specialist Greenline Financial Technologies in a cash and stock deal worth around $42 million.

06 March 2008

News/FIX

Instinet to launch Chi-X ATS in Australia

Interagency broker Instinet is gearing up to launch its Chi-X alternative trading system in Australia which will compete with services provided by the Australian Stock Exchange (ASX).

08 February 2008

News/FIX

Turquoise chief Lederman to keynote at Finexpo

Eli Lederman, the newly-installed chief executive of bank-backed equities trading venue Turquoise, is among a roster of top-level keynote speakers participating in this year's Finexpo, the capital markets industry's leading technology conference and exhibition, taking place at The Brewery, Chiswell Street, London on 30 January.

11 January 2008

News/FIX

FPL beta tests FIX algorithmic trading language

Industry standards body FIX Protocol Limited (FPL) says the new FIX Algorithmic Trading Definition Language (FIXATDL) is now being beta-tested and will be released later this year.

27 July 2007

News/FIX

FIX applications open to attack - report

Security vulnerabilities in the Financial Information Exchange (FIX) protocol have left many automated trading applications at banks open to hack attacks, according to New York-based Matasano Security.

10 July 2007

News/FIX

Man Financial selects SDS ATS for fixed income e-trading

New York-based SDS Financial Technologies says UK futures broker Man Financial is using its alternative trading system to deliver fixed income trading services in the US.

28 March 2007