New FIX Intranet Gets A Kick-Start From Brokers And Institutions

AUTOMATED TRADING

Momentum for broader use and speedy adoption of the FIX protocol may accelerate next week when the MacGregor Group goes live with the first end-to-end FIX compliant intranet for executing orders electronically.

MacGregor, a Boston-based developer of trade order management software, is expected next week to announce the debut of the MacGregor FIX Network, a secured intranet using sophisticated Cisco routers built by Transaction Network Services, a Reston, Va.-based transaction processing

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