MIXIT, a trading technology provider, will be able to connect brokers and their buy- and sell-side clients to NYSE MatchPoint, the New York Stock Exchange’s new block trading facility, when it launches on 22 January.
MIXIT’s clients may enter one portfolio of buy and sell/short orders, a single block order or multiple portfolios of buy and sell/short orders. NYSE MatchPoint will trade securities listed on all major and regional US stock exchanges.
“Our customers, which include both buy- and sell-side traders, will find enormous value through this new connection we have established with NYSE MatchPoint,” says Walter Fitzgerald, CEO of MIXIT.
“MatchPoint will provide an incredible environment for finding natural opaque block liquidity.”