Credit Suisse Securities (Moscow) has connected to the Micex Stock Exchange using the protocol FIX, Finextra reports. The firm is the first client of the Russian exchange to use the FIX technology in commercial operations. The MFIX Transactional system allows participants to connect their systems for the purpose of entering orders using a standard international protocol. The use of the protocol lowers time and financial costs of adapting the existing software products to working on new trading platforms.
Click here for the story from Finextra.