Fix Protocol upgrades its forex messaging system

TECHNOLOGY NEWS

Fix Protocol Limited (FPL) is to introduce Fix 5.0 to meet new demands that the market is placing on the effective transmission of trades.

Additional functionality on the new version will include enhanced support for FX trading, enriched order routing features and support for post-trade clearing processing for allocation, trade and position reporting. Algorithmic trading extensions to better support the exchange of information used to initiate and execute algorithmic trading strategies will also

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