NYFIX, a trading solutions provider, has connected its NYFIX Marketplace trading platform to Market Liquidity Hub (MLH), a trading platform provided by Tokyo-based FIX connectivity provider MetaBit. The connection will grant members of NYFIX Marketplace access to MLH.
NYFIX believes the link will give its members efficient access to a number of Japanese brokers and regional exchanges, as well as allowing MetaBit’s MLH clients to trade with the 400 buy-side and 475 sell-side firms who are members of NYFIX Marketplace.
“We are on a mission to provide members of the NYFIX Marketplace with the broadest range of electronic trading services and global liquidity sources possible,” said Bob Moitoso, global head of the FIX division at NYFIX, in a statement. “By partnering with MetaBit we’ve been able to accelerate our reach into the Japanese markets and satisfy our members’ request for access to brokers and exchanges in the region.”
“The NYFIX Marketplace offers MetaBit’s clients a great platform to international markets,” added Daniel Burgin, CEO, MetaBit. “This partnership supports a natural progression for our FIX network and allows our clients to gain seamless access to one of the world’s largest FIX enabled trading communities.”