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NYFIX Receives SEC Approval, Prepares for Launch of Millennium ATS

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STAMFORD, CONN.--NYFIX Millennium, a limited liability company created from the partnership of seven leading global investment firms and an affiliate of NYFIX Inc., was granted approval from the Securities and Exchange Commission to operate as a broker/dealer last week. The move sets the stage for the introduction of the Millennium ATS on Aug. 15, according to president Dean Stamos.

The system will run on technology developed and operated by NYFIX Inc. With 300 million shares of listed equity

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