Fix focuses on foreign exchange
Though Fix has included coverage for FX trading since 2000, adoption has been limited, FPL officials said. The creation of the group comes with growing demand to use Fix for FX, despite difficulties in applying the standard, said Scott Atwell, co-chair of the Fix global steering committee. The group will now address some of these difficulties firms have uncovered.
Olof Paulson, head of product development at SEB Merchant Banking in Stockholm, said that adoption of Fix for SEB’s electronic
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