FIX Progress Allows Mix And Match Components For Best Of Breed Buy-Side Trading Solutions

FOCUS ON FIX

NEW YORK--Within the last two years, the Financial Information Exchange protocol has become a high priority for many investment management firms, and it has also become a required feature for vendors catering to Wall Street.

"The awareness of FIX has done a 360 degree turn," says Joseph Rosen, managing director of the New York-based consulting firm Enterprise Technology Corp. and co-author of The Handbook for Investment Technology. "It's no longer a question of waiting to see if you should

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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