EMX Readies For Live Testing: Sees Demand For FIX Compliant Trading

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LONDON--EMX, the UK's e-commerce trading and settlement project for the mutual fund industry, is on target to start live testing on April 17 for both the web-enabled access platform and the FIX based hub, according the Caroline Lee, Chief Executive Officer of EMX.

EMX, which is sponsored by the UK mutual fund organisation AUTIF is due for launch of live trading on June 12, and Lee expects users of the system to eventually favor the FIX compliant method of accessing the system rather than use

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