Financial information exchange (Fix)
FIX Flyer Buys Tepin
NEW YORK-FIX Flyer, a provider of hosted platforms for the FIX messaging protocol, has announced today, Aug. 18, its acquisition of Boston-based Tepin Information, a provider of institutional trade testing and FIX certification.
Nyfix to Release 'Integrated' Ioinet
NEW YORK-Global crossing network provider Nyfix hopes to release within the next six months the integrated version of the Ioinet platform, which Nyfix acquired when it purchased indications of interest (IoIs) network provider Fixcity earlier this year,…
FPL Eyes Exotic Options in SP2
NEW YORK-Exotic options traders can expect to see a little added connectivity support as FIX Protocol Ltd. (FPL) plans to release its second service pack for FIX 5.0 in early 2009, officials tell DWT .
TSEC Preps for FIX Selection
TAIPEI-In plans to roll out a new FIX gateway during the first quarter of 2009, the Taiwan Stock Exchange (TSEC) has narrowed its choice to two potential providers, says exchange officials.
Open Source Cuts Hotspot FX Latency
JERSEY CITY, N.J.-Broker-dealer Knight Capital Group has reduced roundtrip times by two-thirds on its electronic foreign exchange (FX) venue Hotspot FX by switching to an open source FIX gateway, say ECN officials.
Nyfix Updates Appia
NEW YORK-Global crossing network provider Nyfix has debuted the latest version, 5.0, of its FIX engine Appia today, June 2.
Orc Releases CameronFIX Update
LONDON-Derivatives trading technology and connectivity provider Orc Software is launching version 6.3 of its Orc CameronFIX platform, say officials.
FIXATDL Set for Q2 Debut
LONDON-Deploying new trading algorithms and orders types should get easier this year as messaging standards body FIX Protocol Ltd. (FPL) expects to launch its FIX Algorithmic Trading Definition Language (FIXATDL) by the end of the second quarter, FPL…
FIX Protocol Makes Gains in FX
LONDON-The FIX messaging protocol is gaining ground in the foreign exchange (FX) market, according to panelists who spoke at an event held by the FIX Protocol Ltd. (FPL) late last week.
CBOT Suffers Second Trading Snag
CHICAGO-Open-outcry traders on the Chicago Board of Trade grain markets were forced to enter their orders manually as the exchange's electronic order routing network went down last week, say exchange officials.
Saxo Taps Aegis for Exchange Simulation
COPENHAGEN-Online foreign exchange (FX) trading firm Saxo Bank has selected Aegis Software's product to replace its legacy FIX and exchange-specific messaging protocol connectivity testing system, bank officials tell DWT .
Orc Software to Take FAST Native
NEW YORK-Users of Orc Software's CameronFIX Universal Server and CameronFIX Market Data Server may wind up with support for the FIX Adapted for Streaming (FAST) protocol whether they want it or not, as the vendor is preparing to migrate the underlying…
Kershner Rolls Out TransactTools' TCM6
NEW YORK—Proprietary trading firm Kershner Trading Group is in the midst of deploying NYSE TransactTools' Trading Connectivity Management 6.0 (TCM6) exchange gateway to replace the firm's internally developed legacy gateway, firm officials tell DWT .
FIX Protocol Goes Algo
LONDON—FIX Protocol Ltd. (FPL) officials announced last week that the organization's new FIX Algorithmic Trading Definition Language (FIXATDL) has entered its beta-testing phase and should be released later this year.
Algorithms Gain Traction in FX
NEW YORK—Wider adoption of algorithmic trading within the foreign exchange (FX) markets is all but inevitable, according to panelists who spoke during last week's FX Week USA conference hosted by sibling publication FX Week .
FIX City to Launch Fixed-Income IOI
LONDON—Officials from FIX City, a provider of software for FIX-based indications of interest (IOI) announced last week plans to launch a multi-asset support for the vendor’s IOI platform Ioinet this summer.
FPL: FIX 5.0 Gains in FX Support
BOSTON—Although version 5.0 of the FIX protocol fully supports outright forwards and swaps for foreign-exchange (FX) trades, support for allocations and confirmation for over-the-counter (OTC) spot options remains minimal, according to findings in a…
FPL: FIX 5.0 Is Gaining Ground
PARIS—The latest release of the FIX protocol, version 5.0, is becoming a common language among financial firms, say officials from the FIX Protocol Ltd. (FPL), who spoke last week at the TradeTech conference in Paris.