Nyfix Opens Telecom Hubs in Europe

VENDOR UPDATE

STAMFORD, Conn.--Nyfix is moving beyond its history as a transaction services provider best known for linking brokers with U.S. exchanges.

Recently, the vendor has taken full possession of its European subsidiary and has established new telecom hubs in Europe, in a bid to expand its global footprint and to win more buy-side customers, officials say.

The vendor has also marked $2 million in sales related to its cross-market trading platform Platinum, which is formed from the legacy FIXtrader listed

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