Nyfix launches new Fusion OMS
20 June 2006 | 1999 views | 0
NYFIX, Inc. (Pink Sheets: NYFX), a leader in technology solutions for the financial marketplace, today announced the launch of its next generation order management system, NYFIX Fusion.
NYFIX Fusion offers sell-side broker-dealers access to Listed, OTC, and Third Market trading on a single desktop. It also provides access to a full suite of third-party broker and NYFIX NEXAS algorithms which affords the end user multiple options for facilitating and maintaining their best execution and order handling obligations.
NYFIX Fusion combines the best elements of NYFIX's existing order management systems -- NYFIX FIXTrader for Listed securities and the NYFIX Renaissance Market Access System for OTC securities -- into one desktop.
"This combination affords the end user the ability to seamlessly access liquidity no matter where it resides," said Bill Fallon, president of NYFIX's order management division. "And for current customers who wish to continue using FIXTrader for listed securities, we also created Fusion Lite, an add-on to FIXTrader that will allow users to continue using their current terminals while connecting to various market centers."