Virt-x Plans FIX Connectivity
OPERATIONS AND STP
Virt-x is planning to further reduce the cost of connecting to the market by eliminating the need for servers, with the introduction of FIX connectivity to the exchange. "The single biggest challenge to the European market is reducing the cost of trading," says business development director Lee Hodgkinson, referring in particular to the costs of multiple points of settlement, compliance and connectivity. Members using FIX to connect through a connectivity provider would not need TNS servers (see
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