The Thomson Financial sales and trading group has chosen a server from Financial Fusion to provide financial information exchange (FIX) connectivity to its AutEx and TradeRoute services.
Financial Fusion, which has offices in 60 countries, provides e-finance solutions by fusing applications and middleware onto a single platform.
Its Financial Fusion Server with GlobalFIX gives Thomson Financial the ability to support industry FIX initiatives. This includes the ISO 15022 XML standard which accommodates the convergence of FIX and SWIFT onto a single, fully integrated platform.
Thomson Financial's AutEx service is an electronic database and online, real-time network for pre-trade order indications and completed block trade advertisements. TradeRoute is a global electronic order routing and execution reporting service.
The current suite of AutEx and TradeRoute FIX messages will be supported, including indications of interest (IOIs), trade advertisements and orders.