SEB Pioneers FIX for Cross-Asset
FRONT PAGE: CROSS-ASSET PLATFORMS
STOCKHOLM—Stockholm-based Skan din aviska Enskilda Banken (SEB) appears to be a cross-asset class pioneer as officials there tell DWT that they can trade foreign exchange (FX), futures and equity instruments—all via the FIX protocol.
"A client can connect to SEB via FIX and, in one order, trade in all these asset classes," says Christer Wennerberg, who is part of the E-commerce, Trading and Capital Markets (E-TCM) team at SEB Merchant Banking. Apart from fixed-income trading, FIX is used for all
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