Lee Hodgkinson

PEOPLE

Lee Hodgkinson, CEO of Swiss-owned, London-based virt-x, the first pan-European securities exchange for blue-chip stocks, believes that standardization as embodied in the FIX protocol has had a profound impact on our industry. "We are now moving toward a fully automated chain of action. Human intervention is dramatically reduced, so much so that as we move toward straight-through processing (STP), we see just how isolated and unusual human intervention has become," he says.

The FIX connectivity

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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