A TiVo for FIX?
BEFORE THE SPIN
As our stories show this week, the FIX protocol is steadily gaining ground in instruments beyond equities. FIX computing is also increasingly complex. Helium Systems, a start-up in Santa Clarita, Calif., is hoping that its "black box" for FIX messages will do for FIX computing what digital video recording (DVR) devices have done for cable TV.
With sell-side firms in mind, Alex Malone, president and founder of Helium, has launched a beta program for a passive, network monitoring device, dubbed
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