Swift and FIX to Harmonize European Blue-Chip Market

ELECTRONIC TRADING

BRUSSELS, BELGIUM--The Society for Worldwide Interbank Financial Telecommunication (Swift) and FIX Protocol Limited (FPL) have agreed to work with the eight leading European exchanges to define the standards for a pan-European, virtual blue-chip market.

The Swift network, which supplies secure messaging services and interface software to 7,000 financial institutions, largely for foreign exchange, will provide the messaging system for the exchanges. Swift will also provide standards expertise and

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