FIX Protocol Limited’s (FPL) exchanges and ECNs working group will be elevated to Committee level.
This move recognises the significant work currently underway by the group and the organisation’s commitment to meeting the needs and adoption of FIX by this market sector.
The group will become the FPL Global Exchanges and Markets Committee, an advancement which will grant its leaders a seat on the FPL global steering committee, ensuring that the needs and issues relevant to this market sector are addressed at a global level.
The aim of the FPL Global Exchanges and Markets Committee will be to enable and promote the harmonised usage of FIX by exchanges, matching and reporting utilities and new marketplaces.
The new committee will benefit from the continued leadership of Co-Chairs Kathleen Grey of BNP Paribas and Hanno Klein of Deutsche Boerse Group along with Matt Simpson of CME Group as the committee’s vice-chair.