State Street Research Employs FIX Order Routing Via TradeRoute
ORDER MANAGEMENT & ROUTING
BOSTON--State Street Research and Management became the first customer of The LongView Group's LandMark trade order management system to make use of a link with Autex's TradeRoute order routing network that complies with the Financial Information Exchange, or FIX, protocol.
"We are shipping nice, clean data to brokers, which helps reduce chance of error," says Michael Ryan, senior vice president, head of equity trading at State Street, which has $50 billion in assets under management.
"By using
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