FPL Assembles HFT Working Group

Mark Reece, FIX Protocol Ltd.

FIX Protocol Limited (FPL), the body responsible for the development and maintenance of the FIX messaging protocol, has established a working group to develop an optimized version of FIX for high-frequency trading.

The group, which is co-chaired by Mark Reece, e-trading solutions architect for HSBC, and Rolf Andersson, CEO of Pantor Engineering, will consider ways to remove overheads and make FIX more streamlined as a communications protocol at both the message and message transport layers.


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