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): MAY 10, 2005
                                                           ------------


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


    DELAWARE                         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.)

     Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     |_| Written  communications  pursuant to Rule 425 under the  Securities Act
(17 CFR 230.425)

     |_| Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     |_|  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
Exchange Act (17 CFR 240.14d-2(b))

     |_|  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
Exchange Act (17 CFR 240.13e-4(c))






Item 8.01. OTHER EVENTS.

On May 10, 2005,  NYFIX,  Inc. (the "Company")  announced that it will delay the
filing of its first quarter 2005 report on Form 10-Q for the quarter ended March
31, 2005 currently due May 10, 2005. The text of the press release issued by the
Company is furnished as Exhibit 99.1 and is incorporated herein by reference.

As previously announced by the Company, the delay is a result of its expectation
to restate its audited financial  statements after a review of previously issued
stock options. The Company is in the process of restating its audited financials
for the years  ended  December  31,  2003 and 2002  included  in its 2004 Annual
Report on Form 10-K and is evaluating  whether it needs to restate its unaudited
results for the first three quarters of 2004.

Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(c)   Exhibits

      EXHIBIT NO.     EXHIBITS
      -----------     --------

      99.1            Press release of NYFIX, Inc. dated May 10, 2005.








                                    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
May 11, 2005

EX-99

                                                               [GRAPHIC OMITTED]
FOR IMMEDIATE RELEASE

COMPANY CONTACT:
Jennifer Carberry
NYFIX, Inc.
(203) 425-8000 or
info@nyfix.com
WWW.NYFIX.COM

       NYFIX TO DELAY FILING OF ITS FIRST QUARTER 2005 REPORT ON FORM 10-Q

STAMFORD, CT, MAY 10, 2005: NYFIX, INC. (NASDAQ:  NYFXE), A LEADER IN TECHNOLOGY
SOLUTIONS FOR the financial marketplace,  today announced that it will delay the
filing of its first quarter 2005 report on Form 10-Q for the quarter ended March
31, 2005 currently due May 10, 2005. As previously announced by the Company, the
delay is a result of its expectation to restate its audited financial statements
after a review of previously issued stock options. The Company is in the process
of restating its audited  financials  for the years ended  December 31, 2003 and
2002 included in its 2004 Annual  Report on Form 10-K and is evaluating  whether
it needs to restate its unaudited  results for the first three quarters of 2004.
Inasmuch as the adjustments  primarily  relate to non-cash items,  the resulting
restatement will have no material effect on the Company's  current cash position
or cash flows from operations.

The Company  intends to  exercise  its best  efforts to resolve the  outstanding
items and file its first quarter 2005 Report on Form 10-Q as soon as possible.


ABOUT NYFIX, INC.

NYFIX,  INC.  is an  established  provider  to the  domestic  and  international
financial  markets  of  trading  workstations,  middle-office  trade  automation
technologies and trade communication  technologies.  Our NYFIX Network is one of
the industry's  largest networks,  connecting  broker-dealers,  institutions and
exchanges.  In addition to our headquarters in Stamford, we have offices on Wall
Street in New York City, in London's Financial District,  in Chicago, and in San
Francisco.  We operate redundant data centers in the northeastern  United States
with additional data center hubs in London,  Amsterdam, Hong Kong and Tokyo. For
more information, please visit www.nyfix.com and www.javtech.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.