19 August 2017
Find out more

Nyfix on track for ATS order entry and trade matching

23 August 2001  |  2144 views  |  0 Nyfix on track for ATS order entry and trade matching

Broker/dealer Nyfix Millennium says it will be ready to commence conditional order entry and trade matching in its alternative trading system (ATS) on 5 September, 2001.

The system itself is already operational and has processed several billion pass-through shares during market hours in preparation for the September deadline.

"We have exceeded our goals for pass-through order flow volume through the month of August, with days in excess of 200 million shares. With this high level of pass-through volume in place and increasing customer support for our execution concept, we expect to develop a solid ramp-up in high quality trade matching," says Peter Kilbinger Hansen, chief executive officer of Nyfix.

Since 1 July, 2001 the company claims to have signed ten new agreements with non-partner firms to utilise the Nyfix Millennium ATS.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

NYFIX adds order execution to Mobile Broker handheld

NYFIX adds order execution to Mobile Broker handheld

10 July 2001  |  2341 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comdownload the paper nowvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
8285 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7518 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
6586 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6196 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
6055 views comments | 11 tweets | 9 linkedin

Featured job

London, UK (or flexible)

Find your next job