Stamford, CT - November 14, 2003: NYFIX, Inc. (NASDAQ: NYFX) today announced that its shareholders have voted to approve a proposal that will change the Company's state of incorporation from New York to Delaware. This action will have no impact on the Company's current business operations. Reincorporation of NYFIX in Delaware furthers the Company's goal of having itself, its subsidiaries and its affiliated company domiciled in Delaware and thus subject to the same laws for corporate governance issues. The Company expects to complete the administrative process for this change by the end of the year.

NYFIX, Inc. through its subsidiaries and affiliate provides electronic trading technology infrastructure and execution services to brokerage firms and institutional investors. NYFIX products and services automate trading workflows by streamlining data entry and seamlessly integrate electronic order and execution handling. NYFIX offers a complete electronic desktop order management solution, stationary and wireless handheld exchange floor technology; FIX (Financial Information eXchange Protocol) messaging and monitoring tools and a high volume trade execution platform. Its products deliver straight through processing ("STP") for front, middle and back office trade transaction processing. NYFIX maintains multiple data centers and an extensive network of electronic circuits that link industry participants for electronic trade communication and provides access to the global equities and derivatives financial markets.

NYFIX, a pioneer in the FIX-based solutions offers a FIX-compliant product suite. NYFIX's core technology, which includes equity solutions for listed and over-the-counter markets, derivatives and future products and Javelin's Appia and Instant Integrator products, are complemented by NYFIX's broker-dealer operations, which offers its NYFIX Millennium ATS and trade execution services. Headquartered in Stamford, Connecticut, NYFIX has additional offices in New York City, Chicago, San Francisco, London and Madrid.

Jennifer P. Carberry
203) 425-8000

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