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Getting A FIX On Straight Through Processing

Two vendors say the road to STP will be blazed by the adoption of FIX.

Sure, there's been a lot written about the Financial Information Exchange Protocol (FIX). And yes, we both sell FIX solutions for a living, but that shouldn't preclude us from making a few suggestions about ways FIX can actually be used to achieve straight through processing.

Early STP

The New York Stock Exchange (NYSE) has actually been "doing" STP ever since it introduced the

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