NYFIX Matching is a post-trade affirmation, confirmation and matching services that provides the buy-side with the capability to streamline the post-trade workflow, which handles the matching and repair of block allocations by the broker with the internal systems of the buy-side firm. Buy-side firms can confirm and affirm trades on one consolidated platform.

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Enhance portfolio returns through lower post-trade costs

Leverage the NYFIX network and FIX to exchange allocation messages intra-day, so you can significantly improve post-trade processing speed and cost, and minimize EOD error rates.

  • Disruptive commercial model for allocations and affirmations: flat fee, not transaction-based
  • Move away from proprietary vendor protocols: FIX is a market standard already supported by your trading systems
  • Seamlessly integrated to your order management system
  • Fully-hosted solution within the secure NYFIX data center infrastructure

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Shorten settlement cycle for regulatory compliance

Utilize more granular matching and the speed of FIX to improve the efficiency of your post-trade process.

  • More granular matching of SSI, fees and trade details including tolerance levels to drastically reduce settlement fails
  • Block and Allocation level matching done in real-time to anticipate issues and reduce end-of-day pressure
  • Identify if a trade has been matched or mismatched within seconds to support T+0 risk reduction
  • Harmonize your post-trade operations by centralizing allocations and confirmations for US and international equities, futures, swaps, ETFs and fixed income securities
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Leverage NYFIX to mitigate risk

Benefit from one of the industry’s largest order routing networks high quality of service to enable your FIX-based workflow.

  • Over 1500 market participants are already part of the NYFIX Marketplace and benefit from zero service disruption
  • Modernize your middle office technology with real-time FIX-based matching and allocation workflows
  • Access additional services through the NYFIX Marketplace for Best Execution and Trade Reporting

How it works

  • Multi asset-class platform for allocation, confirmation and affirmation of trades
  • Based on field-proven FIX messaging protocol, leveraging your infrastructure
  • Real-time integration with OMS systems
  • Unified workflow and single web-based user interface to cover all your trading systems
  • Reduce the time and personnel required to identify and resolve issues to the minimum
  • FIX is fast, complete and extensible, ensuring large market adoption
  • Fully-hosted solution

Who it is for

Buy-side clients on the NYFIX network.

How we deliver

NYFIX Matching is a fully managed service.


17

data centers

~100

customers

24/6

support

Get in touch

Request a callback from one of our experts.