Axion4 Announces New Connectivity Program, Pricing

NEWS

LONDON--Axion4 has announced the pricing for its connectivity program and its system. Axion4 is the consortium building a cross-border matching utility for the Global Straight Through Processing Association.

A number of asset managers are involved in pilot tests of the system, namely AIM Management Group, Axa Rosenberg, Capital Group Companies, Clay Finlay, Credit Suisse Asset Management, Fidelity Investment Managers, Nicholas Applegate, Pimco, Schroders and Toronto Dominion Asset Management.

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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