Fidelity's NFIS Gears Up To Market ILN Facility To Broker, Manager Clients

WatersTechnology Staff
30 Apr 1993

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Having been quietly operating its Institutional Liquidity Network (ILN) for four months, Fidelity Brokerage Inc. is now talking to its customers about using the system. ILN is an order-routing and execution facility developed by Fidelity's National Financial Institutional Services (NFIS) subsidiary.

NFIS began operating the system--offering it to Fidelity Capital Markets Co.'s buy-side clients--in February 1992. Now, the system is handling more than three million shares a day for 30 of NFIS's

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