TSEC Preps for FIX Selection
Likely vendors include Orc Software and Sybase, says Michael Lin, senior executive vice president of the exchange. Exchange staff will evaluate the engines on their range of functions, price and user friendliness as well as the ease of implementation in terms of minimizing the need for system changes during integration, adds Lin.
Currently, the exchange has not selected which version of FIX it will use. "Of course we can use the latest version but it includes all kinds of other instruments
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