The FIX Trading Community (‘FIX’), the non-profit, industry-driven standards body at the heart of global financial trading, proudly celebrates its 30th anniversary. Over the past three decades, FIX has been at the forefront of electronic trading innovation, transforming the landscape of global financial markets and setting new standards for efficiency, transparency, and accessibility.
Thirty years ago, the financial world relied on the telephone and manual processes to execute trades. Recognising the need for a more efficient and reliable system, Bob Lamoureux and Jacques Perold (Fidelity Investments), and Chris Morstatt and Jim Leman (Salomon Brothers) developed the Financial Information eXchange (FIX) protocol. Enabling electronic communication of equity trading data, FIX quickly became the industry standard.
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