Merrill Lynch To Go Global With FIX Connectivity
FRONT PAGE
NEW YORK--Merrill Lynch is about to go global with an equity order management system based upon the Financial Information Exchange (FIX) protocol that represents an aggressive effort by Merrill Lynch to provide electronic connectivity to its buyside clients.
Working closely with Cambridge Technology Partners (CTP), Merrill Lynch replaced a highly complicated order-taking approach with a streamlined electronic order system, dubbed the Client Connectivity Architecture (CCA), for the equities
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