-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ttb5PMqG6adb9BtZNKtSkiIJ9SQbeYdP0IkaZma5sDCaqnvObgEAFmx3FgwClPHt QZ9jKAQ5fNY8vUErRryYTg== 0001193805-07-001784.txt : 20070703 0001193805-07-001784.hdr.sgml : 20070703 20070703165230 ACCESSION NUMBER: 0001193805-07-001784 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070628 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070703 DATE AS OF CHANGE: 20070703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NYFIX INC CENTRAL INDEX KEY: 0000099047 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 061344888 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21324 FILM NUMBER: 07961522 BUSINESS ADDRESS: STREET 1: 100 WALL STREET STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 212-809-3542 MAIL ADDRESS: STREET 1: 100 WALL STREET STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 FORMER COMPANY: FORMER CONFORMED NAME: TRINITECH SYSTEMS INC DATE OF NAME CHANGE: 19940404 FORMER COMPANY: FORMER CONFORMED NAME: TRANS AIRE ELECTRONICS INC DATE OF NAME CHANGE: 19910916 8-K 1 e602351_8k-nyfix.htm Form 8-K — NYFIX, Inc.

UNITED STATES
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): June 28, 2007

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


Delaware
(State or other jurisdiction of incorporation)

0-21324
(Commission File Number)

06-1344888
(IRS Employer Identification No.)


100 Wall Street, 26
th Floor, New York, New York 10005

(Address of principal executive offices)

Registrant’s telephone number, including area code: 212 809-3542

______________________________________________________
(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):

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

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

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

o  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 June 28, 2007, NYFIX, Inc. (the “Company”) issued a press release, (the “Press Release”), which includes certain information regarding its expectations for filing with the SEC its quarterly reports on Form 10-Q for the first three quarters of 2006; its annual report on Form 10-K for 2006, which contains audited financial statements; and its quarterly report on Form 10-Q for the first quarter of 2007. A copy of the Press Release is furnished as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release of NYFIX, Inc. dated June 28, 2007, “NYFIX PROVIDES UPDATE ON SEC FINANCIAL DOCUMENT FILING TIMELINE.”

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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:   
   
    Name: Scott Bloom
    Title: Secretary

Dated: July 3, 2007

 

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EXHIBIT INDEX

99.1 Press release of NYFIX, Inc. dated June 28, 2007, “NYFIX PROVIDES UPDATE ON SEC FINANCIAL DOCUMENT FILING TIMELINE.”

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EX-99 2 e602351_ex99-1.htm NYFIX, Inc. — Press Release, dated June 13, 2007

[FOR IMMEDIATE RELEASE]

Contact:

FOR INVESTORS   FOR MEDIA
     
Brian Prenoveau, CFA
Integrated Corporate Relations
(203) 682-8200
  Matt Zachowski
Intermarket Communications
(212) 888-6115 x228

NYFIX PROVIDES UPDATE ON SEC FINANCIAL DOCUMENT FILING TIMELINE

EXPECTS TO COMPLETE FILINGS IN COMING WEEKS

New York, NY June 28, 2007: NYFIX, Inc. (Pink Sheets: NYFX) (“NYFIX” or the “Company”), a trusted provider of innovative solutions that optimize trading efficiency, today provided an update on the timing for filing its 2006 and first quarter 2007 SEC 10Qs and 10K.

NYFIX noted that it has completed virtually all of the work required to file with the SEC its quarterly reports for the first three quarters of 2006, its annual report for 2006, which contains audited financial statements, and its quarterly report for the first quarter of 2007. The Company expects to file these reports in the coming weeks, upon the determination of the appropriate accounting for an issue involving non-cash stock compensation following the adoption of SFAS 123R in 2006. The issue relates to compensation expense associated with the extensions during 2006 and 2007 of the post termination exercise periods for certain option awards which cannot be exercised until the Company becomes current in filing periodic reports with the SEC. NYFIX believes the determination of the appropriate accounting for this issue will not affect previously reported financial information.

About NYFIX, Inc.

A pioneer in electronic trading solutions, NYFIX continues to transform trading through innovation. The NYFIX Marketplace is a global community of trading counterparties utilizing innovative services that optimize the business of trading. NYFIX Millennium® provides the NYFIX Marketplace with new methods of accessing liquidity. NYFIX also provides value-added informational and analytical services and powerful tools for measuring execution quality. A trusted business partner to the buy-side and sell-side alike, NYFIX enables ultra low touch, low impact market access and end-to-end transaction processing. For more information, please visit www.nyfix.com.

This press release and any related discussions may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. This press release and any related discussions may include forward-looking statements about future SEC filings, future restatements and related charges, future

 

5


activities of new employees and the impact thereof on the Company, the impact of extension of a filing deadline on the Company, initiatives that may impact future business activities, and future disclosure practices. We have no duty to update these statements. Actual future events, circumstances, performance and trends could materially differ from those set forth in these statements due to various factors, including but not limited to: general economic conditions; the impact of the Company recording a sufficiently large impairment charge relating to its goodwill because the Company is not profitable; the effects of current, pending and future legislation; regulation and regulatory actions; the ability of the Company to achieve and maintain effective internal control over financial reporting in accordance with SEC rules promulgated under Section 404 of the Sarbanes-Oxley Act; the impact of accounting for stock-based compensation and ongoing regulatory investigations; actions and initiatives by both current and future competitors; the risks related to the ability of the Company to market and develop its products and services; the Company’s success in obtaining, retaining and selling additional products and services to clients; the pricing of products and services; stock market activity; the ability of NYFIX Clearing Corporation to clear trades due to maximum limits imposed by DTCC and the need for intra-day funding commitments from third parties; the ability of the Company’s Transaction Division to maintain third-party assistance to access exchanges and other important trading venues; the ability of the Company to meet Net Capital Rule Requirements; the impact of the Company’s customers defaulting on their trading obligations; a decline in trading by the Company’s buy side clients; changes in technology; the availability of skilled technical associates; the ability of the Company to obtain necessary network equipment, technical support or other telecommunications services or being forced to pay higher prices for such equipment, support or services; and the impact of new acquisitions and divestitures; and other risks and uncertainties including those detailed in our SEC filings; as well as future decisions by us. There can be no assurance that the forward-looking statements will prove to be accurate and 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. All trademarks, trade names, logos, and service marks referenced herein belong to NYFIX, Inc.

 

6

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