STOCKHOLM & FRANKFURT - Swedish exchange operator and technology provider OMX and the German exchange Deutsche Borse are partnering to define a new harmonized exchange standard based on the FIX protocol.
"What we have noticed from feedback is that version four of the FIX protocol covers communication between banks very well," says a spokesperson for Deutsche Borse. "But exchanges need more details in transaction and confirmations."
"Right now, we will focus on auto-management and market data,"
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails