ADF Gets FIXed but Has Few Takers
CONNECTIVITY
NEW YORK--The NASD’s Alternative Display Facility (ADF) is in the final stage of FIX (Financial Information Exchange) certification and volume testing at this time, but the NASD cannot estimate a start date, a NASD spokesperson says.
The NASD will use Lakewood, Colo.-based vendor IBSN’s remote-hosted Dominet FIX service on physically distinct hardware, which will be at two IBSN data centers, says Colin Clark, CEO of IBSN. Whether firms will connect directly into NASD systems or run lines to the
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