FPL Press Release: FIX Protocol Limited Facilitates Easier FIX Implementations at a Reduced Cost
FPL Program Office / FIX Protocol Ltd. <>
17 Oct 2007 6:39AM ETOctober 17th, 2007 – FIX Protocol Ltd (FPL) has announced that the FIX Repository is now publicly available from the FPL website at www.fixprotocol.org/specifications/repository. The FIX Repository contains an XML representation of the FIX specification in a database-compatible format along with documentation and examples of usage.
The repository includes the entire FIX vocabulary from version 4.0 onwards in XML format, with complete enumeration values. The public release of the repository is of significant benefit to the industry, providing firms that wish to implement FIX or upgrade to later versions of the protocol with access to all required fields in an XML format, diminishing the need to manually create these values. In granting the financial services community access to this product free of charge, the industry will profit from a reduction in the resource costs and manual errors previously associated with such implementations.
The FIX Repository is already in use by FPL to maintain and produce the FIX specification, the FIXML Schema, and the FIXimate online reference tool. Several FPL members are also using the FIX Repository to support their FIX offerings.
Commenting on the public release of the FIX Repository, Kevin Houstoun, Co-Chair of the FPL Global Technical Committee, HSBC stated, “The public release of the repository will prove highly advantageous to the industry, no longer will FIX adopters that are not members of FPL need to develop their own versions of the repository. Additionally, the buy-side, sell-side and exchange community will find upgrades to their FIX offerings easier for each release.”
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.
Contact
Daniella Baker, FPL Marketing and Communications Manager, Daniella.Baker@fixprotocol.org,
+44 (0)20 7936 9334
FPL Program Office, FPL@fixprotocol.org, + 1 (212) 652 4469
