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Exchange Axis Promises to Ease Best Execution, Fragmentation Woes

At 31 Mar 2008 03:30:17 in MM-Best Execution, MiFIDMonitor.com    Print Article  Email Article   Full content requires subscription 

Further details have emerged about start-up Exchange Axis (EAX) and its promised new “best execution service”, set for an autumn 2008 launch. Using the latest smart order routing (SOR) technology and offering 5 millisecond latency, EAX will provide an option for firms to insulate themselves from market fragmentation issues, it says.



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