Industry | 2009.12.16
Karachi Stock Exchange Implements the Mixit FIXTM Interface Offering FIX Protocol Based Messaging and Connectivity to Local and Global Financial Institutions
KARACHI, Pakistan--(BUSINESS WIRE)--The KSE adopts the FIX (Financial Information Exchange) Protocol by implementing the Mixit FIXTM Interface. FIX is the industry-driven messaging standard that is changing the face of the global financial services sector. A significant portion of global liquidity is transacted over FIX based connectivity and the major stock exchanges and investment banks use FIX for electronic trading, as do the world\'s largest mutual funds and money managers and thousands of s
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