8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                              --------------------

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


       Date of Report (Date of earliest event reported): November 11, 2003
                                                         -----------------

                                   NYFIX, INC.
             (Exact name of registrant as specified in its charter)


New York                               0-21324                      06-1344888
- --------                               -------                      ----------
(State or other jurisdiction        (Commission              (IRS Employer
of incorporation)                   File Number)             Identification No.)


                 333 Ludlow Street, Stamford, Connecticut 06902
                 ----------------------------------------------
                    (Address of principal executive offices)


         Registrant's telephone number,including area code: 203-425-8000
                                                            ------------

             ------------------------------------------------------
         (Former name or former address, if changed since last report.)





Item 5.     Other Events and Regulation FD Disclosure.
            -----------------------------------------

            On November 11, 2003, NYFIX, Inc. (the "Company") announced that its
wholly-owned subsidiary,  NYFIX Clearing Corporation, has received approval from
the Depository Trust and Clearing Corporation to operate as a clearing firm. The
text of a press  release  issued by the Company is furnished as Exhibit 99.1 and
is incorporated herein by reference.

Item 7.     Financial Statements and Exhibits.
            ---------------------------------

(c)         Exhibits

            Exhibit No.    Exhibits
            -----------    --------

            99.1           Press release of NYFIX, Inc. dated November 11, 2003.





                                    SIGNATURE
                                    ---------

            Pursuant to the requirements of the Securities Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                   NYFIX, INC.



                                   By:    /s/ Brian Bellardo
                                        ----------------------------------------
                                              Brian Bellardo
                                              Secretary


November 11, 2003

EX-99

                                                               [GRAPHIC OMITTED]



FOR IMMEDIATE RELEASE

Contact:
Jennifer P. Carberry
NYFIX, Inc.
(203) 425-8000 or
info@nyfix.com


                NYFIX CLEARING CORPORATION RECEIVES DTCC APPROVAL

STAMFORD,  CT November 11 2003: NYFIX, Inc. (NASDAQ:  NYFX) announced today that
its wholly-owned subsidiary,  NYFIX Clearing Corporation,  has received approval
from the  Depository  Trust and  Clearing  Corporation  (DTCC) to  operate  as a
clearing firm.

With the last phase of the regulatory approval process complete,  NYFIX Clearing
Corporation  is in the process of making final  preparations  to begin  clearing
trades on behalf of NYFIX Millennium LLC and NYFIX  Transaction  Services,  Inc.
NYFIX Clearing  Corporation  expects to begin clearing  business on November 17,
2003, with an initial settlement date of November 20, 2003.

                                       ###

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. For more information,  please
visit WWW.NYFIX.COM, WWW.JAVTECH.COM AND WWW.RENAISSANCETT.COM.


This  press  release  contains  certain  forward-looking  statements  within the
meaning of Section 27A of the  Securities  Act of 1933, as amended,  and Section
21E of the Securities Exchange Act of 1934, as amended, which are intended to be
covered by the safe harbors  created  thereby.  Investors are cautioned that all
forward-looking  statements  involve risks and  uncertainty,  including  without
limitation,  the  ability of the  Company to market and  develop  its  products.
Although   the   Company   believes   that  the   assumptions   underlying   the
forward-looking   statements  contained  herein  are  reasonable,   any  of  the
assumptions could be inaccurate,  and therefore,  there can be no assurance that
the  forward-looking  statements included in this press release will prove to be
accurate.   In  light  of  the   significant   uncertainties   inherent  in  the
forward-looking  statements  included herein,  the inclusion of such information
should not be regarded as a  representation  by the Company or any other  person
that the objectives and plans of the Company will be achieved.