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Nyfix licenses Beast ETS for streaming market data

29 July 2002  |  2732 views  |  0 Nyfix licenses Beast ETS for streaming market data

Nyfix has licensed Beast Financial Systems' new equity trading system (ETS) to offer clients real-time streaming market data, analytics and advanced electronic order handling capabilities via thin-client technology.

Nyfix plans to include a white-labeled version of the ETS product in its offerings to certain market segments, allowing market data to be compressed and distributed via a low-bandwidth connection.

According to Nyfix, ETS will enable it to offer industry participants an integrated execution service and market data solution through a single, cost-effective trading application.

The product will be offered along with connectivity to the Nyfix network.

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