Johannesburg Stock Exchange releases new order routing service to lower trading costs
The exchange collaborated with Rapid Addition for its creation.
The Johannesburg Stock Exchange is launching a new order routing hub in collaboration with London-based platform technology provider Rapid Addition, aiming to bring down costs of sending orders from market participants. The new service, dubbed JSE-FIX, uses Rapid Addition’s order routing technology to let JSE member firms send and receive orders across multiple asset classes while being interoperable with existing execution management systems.
JSE-FIX is the latest in a series of infrastructure
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