Trading by clicks and Fix

Fix has grown beyond all expectation since its humble beginnings as a standard protocol established by Fidelity and Salomon Smith Barney for electronic trading of equities in 1993. The protocol now supports multi-asset classes and has permeated every strata of the financial services industry, and, as Douglas Carter explains, it provides buy and sell-side firms with the ability to automate and streamline their trading operations

Rule-based trading and intelligent order routing continue to chan