Exchange Systems Business has joined FIX Protocol Limited (FPL) from Trayport Limited, a provider of multi-asset class electronic trading.
By joining FIX Protocol Limited the Trayport Exchange Systems Business is able to work collaboratively with FPL in defining and supporting the extension of FIX messaging across the broader derivatives asset class.
The Financial Information Exchange Protocol (FIX) is an open specification intended to streamline electronic communications in the financial securities industry. FIX supports multiple formats and types of communications between many financial entities including trade allocation, order submissions, order changes and execution reporting.
We recognise the importance of being able to offer all of our exchange clients first-rate connectivity and by joining FPL we are strengthening our ongoing commitment to continue the development and success of our FIX 4.4 gateway, says Adrienne Quinn, head of Exchange Systems, Trayport.
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