BMA, FIX Protocol Join Their Efforts In Fixed Income
ENABLING TECHNOLOGIES
NEW YORK--The Bond Market Association and FIX Protocol Limited formally joined efforts to create a common protocol for trading fixed income securities, having originally embarked on separate initiatives (TTW, May 14).
Under the joint plan, the BMA's protocols/standards subcommittee will merge into FPL's fixed income working group. Two focus groups will be created: a technology group will address design and implementation and respond to participant inquiries, while a business practices focus
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