User Survey: Major Plans for FIX

FRONT PAGE: FIX TECHNOLOGIES

NEW YORK—Sell-side firms will have to maintain multiple versions of the Financial Information eXchange (FIX) protocol at the same time that they want to take major steps forward in FIX-based algorithmic and program trading, according to the results of a global survey of buy- and sell-side firms.

The researchers at the TowerGroup and FIX Protocol Ltd. (FPL) are slated to publicly release the results of their 2005 Global FIX Survey this week, says Matthew Chisholm, a senior consultant with

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