TradeWeb, Charles River Ready Link for FI

CONNECTIVITY

NEW YORK--TradeWeb and Charles River Development (CRD) are slated to announce this week that they are readying a free, FIX-based interface between CRD’s order management system (OMS) and TradeWeb’s online TradeXpress network for fixed-income trading allocation and confirmation.

This agreement may be a harbinger of things to come with other OMS providers partnering with fixed-income alternative trading systems (ATSs), say industry observers.

The forthcoming link from CRD for its Charles River

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