New York Stock Exchange Aims To Get FIXed In Early 2000
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NEW YORK--The New York Stock Exchange (NYSE) has issued a Request for Proposals (RFP) to purchase a FIX engine and plans to install one early next year.
The NYSE's decision to get FIX-compliant is an important indicator of just how far FIX has come. The exchange has always relied on CMS, its own proprietary language. But times are changing.
"We need to be able to interact with people doing FIX," says Louis Pastina, vice president, point of sale technology at the exchange. Why? Customers using FIX
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