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Top Order Router In Brokerage Game: A Cheaper Fix for Small Broker?

Traders Magazine, January 2002

Peter Chapman

Facing slower growth in its core business, a top order routing network is getting into the brokerage game. NYFIX, a Stamford, Conn.-based vendor whose bread and butter is shuttling orders from large brokers to the floor of the New York Stock Exchange, has purchased a dormant broker dealer through which it plans to market order routing and clearing to small trading shops.

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