FIX Group to Open Membership

STANDARDS UPDATE

NEW YORK--FIX Protocol Ltd. (FPL) is undergoing a reorganization and will begin admitting vendors, exchanges, alternative trading systems (such as ECNs), and other industry participants to its membership beginning Oct. 15. Consultancy Jordan & Jordan, which helped to cement FPL’s joining the Bond Market Association’s effort to develop a fixed-income version of FIX, has been retained to oversee the changes (TTW, Oct. 22, 2001).

The FPL is hoping to add members.

"The purpose is to open up FPL to a

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