FIX 4.2 Expands Its Horizons--And Its Order Handling Capabilities

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NEW YORK--In concert with the unveiling of FIX 4.2, conferees at the March 8 FIX Forum in New York observed that an increasing number of buy-side firms are now participating more aggressively in electronic order routing.

"I don’t know if it’s decimalization or T+1, but ETC (Enterprise Technology Corporation) has found more activity in the last eight months," says Jim Leman, co-chair of the US steering committee and managing director of Capital Markets at Salomon Smith Barney. At the same time

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