Fidelity's NFIS Gears Up To Market ILN Facility To Broker, Manager Clients

AUTOMATED TRADING

Having been quietly operating its Institutional Liquidity Network (ILN) for four months, Fidelity Brokerage Inc. is now talking to its customers about using the system. ILN is an order-routing and execution facility developed by Fidelity's National Financial Institutional Services (NFIS) subsidiary.

NFIS began operating the system--offering it to Fidelity Capital Markets Co.'s buy-side clients--in February 1992. Now, the system is handling more than three million shares a day for 30 of NFIS's

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: