BNY Mellon Takes Up New Trading System Enhancement

Tom Burroughes

21 July 2008

NYFIX, a US firm that provides IT systems to make financial trading more efficient, has been chosen by an affiliate business of Bank of New York Mellon.

BNY ConvergEx’s Eze Castle Software, a buy-side order management system provider, has signed up NYFIX’s systems. It will upgrade its own platform to Appia v5 to power its messaging technology.