newsFIX - February 2003
John Harris / BondMart Technologies, Inc. <>
21 Feb 2003 2:27PM ET<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN">
<html>
<head>
<title>FIX Global Fixed Income | newsFIX | February 2003</title>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
<style type="text/css">
<!--
a:link {color: #0000ff; text-decoration: none;}
a:visited {text-decoration: none;}
a:active {text-decoration: none;}
a:hover {background-color: #cccccc; text-decoration: none;}
#dateline {font-size: smaller;
font-weight: bold;
color: #666666;
padding: 3px;
margin-top: 0px;
margin-bottom: 10px;
text-align: right;}
#gfic-logo {font-size: large;
font-weight: bold;
padding-top: 25px;
padding-bottom: 10px;}
#newsfix-logo {font-size: large;
font-weight: bold;
color: #999999;
float: right;
text-align: right;
padding-top: 25px;
padding-bottom: 10px;}
.highlights {background-color: #999999;
color: #ffffff;
padding: 3px;
font-weight: bold;
text-align: left;
margin-bottom: 10px;}
#leftside {background-color: #ffffff;
width: 200px;
float: left;
margin-right: 20px;}
.main {float: right;
margin-bottom: 30px;}
#masthead {margin: 0px;
height: 75px;}
#navblock {background-color: #ffffff;
border-style: solid;
border-width: 1px;
border-color: #cccccc;
font-size: smaller;
padding: 3px;
margin-top: 5px;}
#perspectives {font-weight: bold;
font-size: smaller;
color: #ffffff;
background-color: #999999;
padding: 3px;
width: 330px;
text-align: center;
margin-top: 0px;}
#tagline {border-top-width: 0px;
border-bottom-width: 1px;
border-right-width: 0px;
border-left-width: 0px;
border-style: solid;
border-color: #cccccc;
padding: 3px;
color: #999999;
font-size: smaller;
font-weight: bold;
background-color: #ffffff;
margin-bottom: 10px;}
-->
</style>
</head>
<body>
<div id="tagline">
[News and commentary for the electronic trading community]
</div>
<div id="leftside">
<a href="http://www.fixprotocol.org">;
<img src="http://www.fixprotocol.org/FixedIncome/fpl.gif"; border="0" width="200" height="75" alt="FPL Home"></a>
<div id="navblock">
<div class="highlights">
February Highlights
</div>
<a href="#fpl-issues">FPL Issues First Draft of Version 4.4</a>
<br />
<br />
<a href="#technical-committee">Technical Committee Invites Comments on Draft Release</a>
<br />
<br />
<a href="#perspectives">Does Fixed Income Trading Need "FIX"ing?</a>
<br />
<br />
<a href="#tbma-amf">TBMA and AMF Stride Toward Common Message Hub</a>
<br />
<br />
<a href="#global-fixed">GFIC Posts Education and Marketing Materials</a>
<br />
<br />
<div class="highlights">
About newsFIX
</div>
<eM>newsFIX</em> is a monthly publication of the
<a href="http://www.fixprotocol.org/cgi-bin/Workgroup.cgi?submode=org&id=1034365252">Global Fixed Income Committee</a>.
We welcome your comments.
[<a href="http://www.fixprotocol.org/cgi-bin/ProfileManager.cgi?mode=Create">Subscribe</a>;]
<br />
<br />
<strong>GFIC Chairman</strong>
<br /><a href="mailto:daniel.doscas@lehman.com">Daniel Doscas</a>
<br />Lehman Brothers
<br />
<br />
<strong>Editor</strong>
<br /><a href="mailto:cate@multiple-markets.com">Cate Long</a>
<br />Multiple-Markets.com
<br />
<br />
<strong>Media Inquiries</strong>
<br /><a href="mailto:jed.hamilton@nyfix.com">Jed Hamilton</a>
<br />NYFIX/Javelin Technologies
<br />
<br />
<div class="highlights">Next GFIC Meeting</div>
The next meeting for the Global Fixed Income Committee is set for Thursday, March 6th at 12:30 EST. Please join us!
<br />
<br />
<div class="highlights">Perspectives</div>
The Global Fixed Income Committee welcomes contributions to the "Original Perspectives" series for <em>newsFIX</em>.
If you would consider contributing an article, please contact any member of GFIC's
<a href="http://www.fixprotocol.org/cgi-bin/Workgroup.cgi?submode=org&id=1044118458">Education & Marketing Subcommittee</a>.
<br />
<br />
<div class="highlights">Membership</div>
For information regarding membership in FIX Protocol Limited or the Global Fixed Income Committee, please contact
<a href="mailto:fpl@fixprotocol.org">Courtney Doyle</a> in the FPL Program Office.
<br />
<br />
</div>
</div>
<div id="masthead">
<div id="newsfix-logo">newsFIX</div>
<div id="gfic-logo">Global Fixed Income</div>
</div>
<hr>
<div id="dateline">
Volume 1, Issue 2 · February 2003
</div>
<div class="main">
<div id="fpl-issues">
<h3>FPL Issues First Draft of Version 4.4</h3>
The <a href="http://www.fixprotocol.org/cgi-bin/Spec.cgi?menu=4">new standard for electronic trading</a> has arrived.
Culminating months of effort by a large group of industry participants, the Global Technical Committee
of FIX Protocol Limited ("FPL") has released the first draft of FIX Protocol Version 4.4.
<p>The release marked the first public dissemination of an open, global messaging specification that many
industry participants expect will significantly improve electronic trading in the fixed income markets.</p>
</div>
<div id="technical-committee">
<h3><a href="http://www.fixprotocol.org/cgi-bin/BBS.cgi?board=1034165240&menu=1034165240bbs">Technical Committee Invites
Comments</a> on Draft Release</h3>
Following a three-week comment period, FPL's
<a href="http://www.fixprotocol.org/cgi-bin/Workgroup.cgi?submode=org&id=928202077">Global Technical Committee</a>
will publish the second draft of Version 4.4 on
March 24, 2003. <strong>Final release is scheduled for April 30, 2003</strong>. The technical committee welcomes comments
throughout the drafting process.
<p>To make best use of the FPL website, visitors should first
<a href="http://www.fixprotocol.org/cgi-bin/ProfileManager.cgi?mode=Create">create a personal profile</a>, which
effectively registers them as users of the site. After registering, in order to submit or track comments and suggestions
on the first draft of Version 4.4, users should
<a href="http://www.fixprotocol.org/cgi-bin/ProfileManager.cgi?mode=Edit">subscribe to the "FIX 4.4 Changes"
discussion group</a>.</p>
<p>The Global Fixed Income Committee ("GFIC") invites all site users to also subscribe to the
<a href="http://www.fixprotocol.org/cgi-bin/BBS.cgi?board=941197506&menu=941197506bbs">Fixed Income discussion
group</a>.</p>
</div>
<hr>
<div id="perspectives">Introducing <em>newsFIX</em> Original Perspectives</div>
<h3><a href="http://fixprotocol.org/FixedIncome/does-fixed-income-trading-need-fixing-20030220.html">;
Witold Sames: Does Fixed Income Trading Need "FIX"ing?</a></h3>
With this second issue of <em>newsFIX</eM>, we introduce <strong>Original Perspectives</strong>,
a series of articles on the FIX protocol and its application to the fixed income markets,
authored by industry experts. Pioneering FIX developer Mr. Witold Sames, Director and Managing Consultant for
<a href="http://www.reuters.com">Reuters</a>; America, Inc., has contributed the inaugural essay for the
series. The essay is a wide-ranging excursion through the challenges and opportunities of
using FIX for fixed-income trading.
<hr>
<div id="tbma-amf">
<h3>TBMA and AMF Stride Toward Common Message Hub</h3>
Responding to the growing adoption of FIX and ISO 15022 and large increases in the
the volume of electronically transmitted messages for fixed income trading,
<a href="http://www.bondmarkets.com">The Bond Market Association</a> ("TBMA") and the
<a href="http://www.theassetmanager.com">Asset Managers Forum</a> have launched the <em> Common Message Hub
Initiative</em>.
<p>TBMA and AMF are releasing a <strong>Request for Information</strong> ("RFI") from potential vendors and users.
Interested parties may contact <a href="mailto:trios@bondmarkets.com">Tony Rios</a> at TBMA to request a
copy of the RFI.</p>
</div>
<hr>
<h3><a href="http://www.wallstreetandtech.com/story/wstWeek/WST20030220S0007">FIX Takes On Fixed Income</a></h3>
Veteran Wall Street technology writer Anthony Guerra reports on the fixed income features of FIX Version 4.4.
<br />
<span style="margin-top: 10px;">
<small>Wall Street & Technology - February 20, 2003</small></span>
<hr>
<div id="global-fixed">
<h3>FIX for Fixed Income Marketing Materials Released</h3>
The Global Fixed Income Committee now offers for download a compressed file containing
<a href="http://www.fixprotocol.org/ORGANIZATIONS/1034365252/FIXforFixedIncome_EducationalandFAQmaterial.zip">;
electronic copies of FIX for Fixed Income collateral materials</a> (WinZip format).
</div>
</div>
<br clear="right" />
</body>
</html>
