Fixnetix Targets European MTFs

The list of venues that Fixnetix will support includes bank consortium-led Turquoise, Börse Berlin subsidiary Equiduct Trading, Nasdaq OMX's Pan European Market, and the European MTF being set up by the BATS ECN.

The vendor is currently in tests with the MTFs, and although its level of readiness depends on how far each venue has progressed with its plans, Fixnetix director Alasdair Moore says the vendor "will be live and connected to every major MTF when they each go live."

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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