FIX Organization Eyes Legal Status, Committees Meet To Work Out Plan
THE FIX FILES
NEW YORK--It looks like the new year will bring a new FIX organization; well, a legal one anyway. The Global FIX Committee is planning to establish itself as a formal legal entity, sources involved say. A joint meeting between the US and UK FIX Steering Committees is slated for December 16 to discuss how to proceed. Some suggest the organization will likely opt for a model similar to that of the Global Straight Through Processing Association (GSTPA), which formalized its legal status last July.
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