Taking The Plunge

MR. FIX-ITT

FIX is not a screen, a network or a piece of software. FIX is about integrating indications of interest, order routing, and account allocations into your workflow processes. Like any systems integration effort, success follows a good plan. Here are some steps to get you on the right track:

First, decide on functionality. You may not need to use all of the FIX messages. You want to get the most impact for the least amount of effort and dollars. Indications of Interest are easier because they are

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TMX’s indexing pivot bears first fruit

The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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