History
The FIX Protocol specification was originally authored in 1992 by Chris Morstatt and Robert "Bob" Lamoureux to enable electronic communication of equity trading data between Fidelity Investments and Salomon Brothers. FIX has become the de facto messaging standard for pre-trade and trade communication in the global equity markets, and is expanding into the post-trade space to support straight-through processing, as well as continuing to expand into foreign exchange, fixed income and derivatives markets.
Read more about this topic: Financial Information EXchange
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