The Financial Information eXchange (FIX) is a protocol that allows different financial systems to communicate. Core FIX Engine technology is now fully commoditised and prices for a pure FIX engine are as low a zero. However vendor offerings are differentiated based on value-added features and services.
This is a summary of 20+ interviews with buyside and sellside firms, across the EU, North America and Asia-Pacific that were conducted in April 2014.
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