NetSys Technologies has won FIX gateway certification with Schroder Salomon Smith Barney for its new dealer workstation.
NetSys TradeStation is a FIX-enabled workstation which offers connectivity to counterparties worldwide, enabling traders to automatically send, receive and track the status of all orders, as well as send and sort indications of interest (IOI).
All interaction with the market is conducted through a single desktop or user-interface.
Kevin Bourne, head of electronic equity trading at Schroder Salomon Smith Barney, comments: “We always welcome adding another vendor to the range we have tested with, as it increases the options for clients to access our electronic trading system."
The two firms have recently been conducting various joint marketing activities across Europe in order to promote the FIX protocol.
NetSys says it has already attained FIX Gateway Certification with a number of brokerage institutions in Europe and is currently in the process of arranging endorsements with several other prominent Sell Side firms.