Nyfix Casts Free FIX Lure

FRONT PAGE: NEWS ANALYSIS

NEW YORK—Though a number of different vendors are bringing in revenue via the sale of FIX engine technology, Nyfix says its decision to offer a free link to its Appia FIX engine will be a means to attract smaller clients rather than a financial burden.

Nyfix provides e-trading technology infrastructure and execution services to brokerage firms and institutional investors. Its FIX protocol products are based upon technology from Javelin Technologies, which Nyfix acquired in 2002, though Nyfix is

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