Putnam Is Live With Autex+ For FIX-Fluent Indications

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BOSTON-based Putnam Investments has begun using an upgraded version of Autex's electronic order indication service--dubbed Autex+ -- which incorporates the Financial Information Exchange (FIX) protocol. Meanwhile, Putnam is upgrading its trading desk operating system, from Sun Microsystems' Solaris 2.3 to Solaris 2.5. Putnam, which has some $160 billion in assets under management, trades in both domestic and international equities.

Putnam's move to the new version of Autex, which is marketed