Thomson Opens Autex to Algo Orders

CYBER-TRADING TECHNOLOGIES

NEW YORK—Thomson Financial will this week announce enhancements to AutEx that allow sell-side institutions to accept algorithmic trading orders in the Financial Information Exchange (FIX) protocol over the network, officials tell DWT.

Thomson officials are also slated to announce that Citigroup’s corporate and investment banking group, Merrill Lynch, and UBS Investment Bank are using the new algorithmic messaging capabilities of Thomson AutEx and can accept quantitative execution algorithms from

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