FIX for Fixed Income: Turning Opportunity Into Adoption

MR. FIX IT

FIX continues to dominate equity connectivity worldwide. Options and futures trading with FIX is a reality. FIX is even being talked about for use in spot currency trading. Use of FIX for fixed-income trading has been discussed as the next logical domain of FIX application, but has yet to take off.

That’s not to say, though, that it is not being explored by a select few. A few months ago, a pilot project between Merrill Lynch and Putnam was born in which fixed-income indications of interest were

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