Bond Direct Looks Beyond FIX
FRONT PAGE: FIXED-INCOME TRADING
NEW YORK—When it comes to connecting to electronic fixed-income trading venues, the FIX protocol would be the first choice for most bond dealers.
That's not the case for the Bond Direct division of New York-headquartered Jefferies & Co. Instead, it rolled out the Qwik KonneKT platform from Kestrel Technologies to provide translator-in-a-can capabilities to all of the firm's connections to the various fixed-income ECNs.
Bond Direct has not forsworn FIX, says Craig Berman, vice president of
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