FIX Protocol Makes Gains in FX

A poll revealed that approximately 60 percent of the event's audience uses FIX to trade FX. "FIX for FX hasn't been adopted by the majority of the market yet, but the trend is good," says Franck Mikulecz, co-chair of the FPL global FX technical subcommittee and managing director at FX dealer Baxter Financial Services.

In an effort to encourage the adoption of the FIX protocol in different asset classes, the FPL has added an extension pack dedicated to FX, which covers FX order types such as spot

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