FPL has released FIX Algorithmic Trading Definition Language (FIXatdl) version 1.1. This FIX standard allows the simple, free XML expression of electronic trading capability that empowers automatic generation of rich and dynamic trader GUI.
FIXatdl is built on top of the widely adopted FIX Protocol and allows firms receiving orders to specify exactly how their electronic orders should be expressed. Orders built using FIXatdl can then be transmitted from traders' systems via the FIX Protocol. All versions of the underlying FIX Protocol are fully supported and zero changes to underlying FIX infrastructure are required.
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