NYFIX Millennium Starts Up

NEWS RETRIEVAL

NYFIX (www.nyfix.com), formerly Trinitech Systems, formed a limited liability company called NYFIX Millennium to serve as a startup for an Alternative Trading System (ATS). According to NYFIX, the new ATS will provide electronic order routing with "best execution" capabilities. At press time, partners included Deutsche Bank, ING Barings, Lehman Brothers, Morgan Stanley Dean Witter, Sanford C. Bernstein, SG Cowen and Warburg Dillon Read. The partners will work on issues like the formulation

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