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Request for Participation: Securities Lending and Borrowing Working Group
FPL Program Office / FIX Protocol Ltd. <>
28 Nov 2006 5:23AM ET

FIX Protocol Ltd. (FPL) and the South African Securities Lending Association (SASLA) are pleased to announce the creation of a Securities Lending and Borrowing Working Group. The SLBWG is a collaborative effort between FPL and SASLA to create and manage a new SLB message architecture for the automation and straight-through-processing (STP) of securities lending and borrowing transactions.

The new architecture will serve as a base for future initiatives (globally) in securities lending and borrowing, and therefore all interested parties are invited to participate on the working group. The working group web page may be located at www.fixprotocol.org/working_groups/slbwg.

A debriefing and introductory session is scheduled for Tuesday, 5 December 2006, at 15H30 (SA) / 13H30 (UK)/ 08H30 (NY), and the meeting will be conducted via a conference call. Any FPL or SASLA members that wish to participate on the SLBWG may send an e-mail to the FPL Program Office at fpl@fixprotocol.org or call + 1 212 652 4469 to be added to the distribution list for this group and receive the necessary details for the initial call once confirmed.

About FIX Protocol Ltd
FIX Protocol Ltd is a non-profit organisation that owns the intellectual property rights of the Financial Information eXchange Protocol (FIX), which is available free of charge from the FPL website, subject to FPL’s copyright and acceptable use policy. FIX is a globally recognised messaging standard enabling the electronic communication of pre-trade and trade messages between financial institutions, primarily investment managers, broker/dealers, ECNs and exchanges. For more information, see www.fixprotocol.org.

About South African Securities Lending Association
SASLA is a forum that independently considers all issues affecting the industry from the borrower, lender and intermediary perspective. Objectives of the association include promoting the lending and borrowing of South African securities and safeguarding the integrity of the industry in South Africa and abroad. SASLA encourages the reform of tax and other legislation for the benefit of the industry, assisting in the orderly, efficient and competitive development of business by establishing standards and guidelines for good working practices. SASLA encourages the exchange of ideas and information, including liaising with regulators, government and other agencies to increase their awareness and understanding of the industry and to assist in the development of appropriate regulation for the industry; cooperating with industry bodies in other countries or internationally in matters of common interest; and promoting awareness of future challenges and opportunities for securities lending. For more information, see www.banking.org.za.