At FIX Committee Meeting, Fidelity Reacts Hotly To Protocol's Critics

TECHNOLOGY STRATEGIES

AT a recent FIX subcommittee meeting held at Salomon Brothers Inc, in New York City, an executive of Fidelity Investments fought back in response to a recent article in the financial press concerning the FIX protocol. The executive, Fidelity investment systems director Robert Lamoureaux, handed out photocopies of an angry letter he had written to an editor of Traders magazine-- a letter that slammed the publication for casting aspersions on the buy side/sell side communications protocol.

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