NYFIX announced Friday that it will now offer Goldman Sachs, Morgan Stanley and Citigroup for indications of interest and trade advertisements over the NYFIX Network.
Through upgrades to its filtering, data validation and liquidity sourcing tools in development, NYFIX says it is no able to offer users a more efficient system.
The system will offer improvements to the buy-side while creating more trading opportunities for the sell-side, NYFIX says.
NYFIX will integrate IOI messages into its OMS to lower the frequency of spam and distorted data.