FIX Flyer, a provider of trading solutions for wealth management firms, announced that its Flyer Trading Network has expanded to support fixed income trading allocations.
In a statement, Brian Ross, CEO of FIX Flyer, said, “We are very excited to deliver a unified and integrated platform to the fixed income trading community. Giving the buy side transparent and efficient ways to get integrated to sponsors ultimately translates into savings that flow straight to the bottom line.”
FIX Flyer supports fully electronic step out and trade away functions to keep track of account relationships through allocation instructions. FIX Flyer also converts orders and fund allocations sent by an asset manager into a sponsor’s systems into their own native format or using standards such as FIX.