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The Right FIX for An IOI?

Traders Magazine, January 2005

Peter Chapman

Does the industry need another FIX engine? A Columbia, Md.-based start-up is bucking the odds in a crowded industry by introducing a new system that may make it easier for brokerages to manage orders and indications of interest (IOIs). The firm, Raptor Trading, is targeting its FIX gateway at small and mid-tier shops and has already landed five customers.

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