In order to contribute to the long-term support of the FIX (Financial Information eXchange) protocol, Cinnober has become member of FPL – the organization that owns and maintains the FIX protocol.
FPL’s mission is to improve the global trading process by defining, managing, and promoting an open protocol for real-time, electronic communication between industry participants, while complementing industry standards.
FIX is a messaging standard developed specifically for the real-time electronic exchange of securities transactions, and a public-domain specification.
The FIX Protocol specification is maintained by the FIX Technical Committee, which receives its direction from the international Steering Committees, the Global Steering Committee, and the various Working Groups comprised of industry participants such as fund managers, brokers, exchanges, and vendors.
The FIX website serves as the central repository and authority for all specification documents, committee calendars, discussion forums, and presentations.