Security Concerns Snarl London's Extranet, Doubts Raised Over Using FIX Protocol For Port

MANAGEMENT & INFRASTRUCTURE

The publication date of a feasibility study for a global extranet for investors and brokers has been set back at least a month, calling into question the London financial community's confidence in the project. While none of the officials working directly on the extranet initiative, called the Port, are publicly doubting the project's viability, they do acknowledge that buy-side and sell-side firms have raised their concerns over the system's security given its reliance upon the Financial

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