GBM Adopts FIX Flyer for Messaging

Mexico City-based brokerage Grupo Bursatil Mexicano (GBM) has turned to FIX messaging platform provider FIX Flyer to help GBM grow its low-latency and algorithmic trading offerings, brokerage officials announced today.

The firm installed the vendor's Flyer Engine two years ago and subsequently implemented FIX Flyer's Daytona Monitoring engine to monitor and support counterparty FIX connections in real time.

The brokerage now uses both platforms to handle client order flow as well as route orders

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