ISO 15022 Technology Working Group Reports on Progress

ENABLING TECHNOLOGIES

NEW YORK--The International Standards Organization (ISO) 15022 Working Group (10 WG 10), devoted to creating a single industry version of XML for all global equities transactions, will distribute its findings to ISO member countries by December.

John Goeller, chair of WG 10 and director of the equity business group of Credit Suisse First Boston’s CSFBnext institutional e-commerce group, says ratification could take up to a year, but firms and vendors may not wait to begin implementations based

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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