Exchange Axis Preps Smart Routing ASP

The venture, led by former Equiduct CEO Bob Fuller, will act as an independent utility offering smart order routing technology to banks and hedge funds that trade on European markets. Fuller is currently in the process of raising capital for the venture and expects to launch the service in the third quarter of this year.

Two vital components of the technology stack have already been selected. U.K.-based low-latency data-distribution vendor Fixnetix will provide datafeeds and connectivity to and

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