Cormack Leaves The Committee, But Not The Cause
THE FIX FILES
It's been several weeks since Mike Cormack announced his plans to leave American Century for Archipelago ECN--and step down as buy-side chair of the FIX Committee. Neither of these moves were generally anticipated. Has Cormack become disillusioned with FIX?
"No, not at all," he says. "I think FIX has made great strides [in equities] and has phenomenal opportunities for fixed income. In fact, in some ways, I think it makes more sense than for equities." He acknowledged that XML was a force to be
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