Linedata connects Longview to Nyfix platform
Linedata Services (Bloomberg: LIN.FP), today announced that their LongView trade order management system (OMS) clients now have integrated access to NYFIX Millennium, one of the industry's leading dark pools of liquidity, and NEXAS, NYFIX's suite of execution algorithms.
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The innovative no-touch integration enables clients to synchronize orders between LongView and NYFIX's transaction services quickly and efficiently.
"The much anticipated addition of NYFIX to our growing list of alliances proves Linedata's commitment to providing unsurpassed access to liquidity," said Dan Pagano, Vice President of Strategic Alliances, Linedata Services. "Integrating with NYFIX Millennium and NEXAS supports our goal of providing robust trading capabilities in an environment that offers the user execution and destination choices in a seamless transaction."
As a pacesetter in the industry of trade order management technology, Linedata consistently provides innovative solutions in an ever changing market environment. LongView incorporates cutting edge integration technology and massive scalability into a system that offers complete trading functionality. Linedata's blotter synchronization technology seamlessly maintains the OMS blotter in one or more execution venues, without concerns of over placing orders.
"We're excited to provide LongView clients with our suite of execution tools and algorithms giving them greater control over their orders and seamless access to Millennium's depth and breadth of liquidity. LongView is a key addition to our list of order and execution management system partners as we continue to grow buy-side client interaction in Millennium," said Brian Carr, CEO of NYFIX Millennium LLC. "Linedata's reputation within the buy-side community and commitment to broker neutrality align nicely with NYFIX's core strategy. We look forward to extending this integration to Euro Millennium later this year."
The addition of NYFIX to Linedata's Liquidity Alliance Program provides yet another premier trading destination for LongView users, as well as increased execution opportunities. Many of LongView Trading System clients already benefit from the connectivity they receive from the NYFIX Marketplace(tm), one of the industry's leadinging FIX-based trading communities.
"We're thrilled to strengthen what has already been a successful partnership with Linedata," said Barry W. Smith, head of business development at NYFIX. "Integrated access to Millennium and NEXAS will provide LongView users with a compelling suite of trading tools."