Nyfix to Offer the Buy Side a Beast
TRANSACTION SYSTEMS
NEW YORK--In a bow to the buy side, Nyfix, the broker-focused order-routing network, has licensed the Beast Financial Systems’ Equity Trading System (ETS), a low-bandwidth, customizable front end for trading and data display.
This is the first sale of the ETS, which debuted last month (TTW, June 10). Nyfix will white-label and host the service as part of its offering to lower- and mid-tier buy-side and broker-dealer clients. This allows the company to expand beyond its traditional customer base
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