Instinet's Move To XML For Fixed Income: Tale Of Two Technologies
SPECIAL REPORT
NEW YORK--Despite its recent decision to use XML rather than FIX as the message protocol for its bond trading system, Instinet will continue to rely on FIX within its core equities transactions business. Instinet remains unconvinced, though, that the FIX protocol can be applied to asset classes outside of the equities markets.
"Instinet is not moving away from FIX," says Duncan Johnston-Watt, head of development and systems architecture for global fixed income markets at Instinet. "Overall
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