FIX-related products and services

NEXAS

NYFIX, Inc. FPL Premier
100 Wall Street, 26th Floor
New York, NY 10005 US

A suite of algorithmic trading solutions offered by NYFIX Transaction Services that provides traders with both customized and off-the-shelf trading strategies.
MILLENNIUM OPTIMIZER Algorithm is a strategy that maintains an order’s exposure to NYFIX Millennium while proactively outbound routing any unexecuted volume. This allows the client to take advantage of natural liquidity in NYFIX Millennium while still participating in a moving market.
VWAP Algorithm is a tactic that uses intelligent order placement (based on historical and real-time trading and market data) in an attempt to match the Volume Weighted Average Price.
TWAP Algorithm is a tactic that evenly distributes the execution of an order over a user–specified period randomizing and thus disguising order size therefore balancing adverse selection and market impact.
INLINE Algorithm is a tactic that attempts to capture a user-defined percentage of market volume by dynamically altering aggressiveness and speed of trading based on real-time market activity.
CORPORATE BUYBACK Algorithm is a tactic that will keep executions in compliance with SEC rule 10b-18 (safe harbor) as it pertains to corporate securities repurchase programs. Additional criteria are available to select maximum participation rate and approved end-time.

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http://www.nyfix.com

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