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RenCap First Russian Broker on FIX

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MOSCOW--Broker-dealer Renaissance Capital Securities (RenCap), which specializes in American Depositary Receipts (ADRs) for the Russian market, has become the first broker-dealer in Russia to adopt the FIX protocol, officials say.

RenCap, a New York-based firm with offices in London and Moscow, has installed the FIX.Net server from U.K. vendor SolutionForge, linking with international clients via the FIX network of Transaction Network Services (TNS), says Roman Shestakov, market data and

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