Fidelity And Thomson Chat; Has Traderoute Caved To FIX?

FRONT PAGE

Thomson Financial Services Inc. and Fidelity Management & Research Co. have discussed adapting Thomson's planned order management system to make use of the as-yet-unreleased Financial Information Exchange (FIX) message protocol. FIX--a standard message protocol for equity trading communications--was devised by a committee of influential buy- and sell-side firms (IMT, Jan. 21), including Fidelity. In development for about a year, the protocol is designed to simplify communications among buy-

To continue reading...