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11 April 2008

Nyfix buys FIXCITY

A report yesterday announces NYFIX's acquisition of FIXCITY.

FIXCITY's flagship product ioinet is reportedly highly regarded for its sophisticated IOI (indications of interest) analysis, filtering and alerting capabilities.

NYFIX said that it would combine its IOI workflow expertise with FIXCITY's front end technology to deliver a liquidity discovery solution that will enable clients to swiftly capitalise on trading opportunities.

Here's the Nyfix press release.

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