Fidelity Re-Engineers Equity Trading System; Goes Live With FIX Engine
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BOSTON--Fidelity Investments is re-engineering its equity trading systems ahead of its move to a new trading floor in November. As part of that effort, which will be rolled to all four of its equity trading rooms around the world, Fidelity recently installed Javelin Technologies' Coppelia FIX Engine.
The Coppelia install also underlines Fidelity's recent shift in favor of third-party solutions. "We're migrating away from proprietary solutions," says Mark Greenberg, who heads equity technology at
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