Working Groups

This section contains information for each of the active FIX Working Groups; select a working group for more information. Please click here to view the FPL Membership Working Group Policy.

If Members participate in a FPL Committee or Working Group, any IP created or generated through such participation is created for the benefit of the Committee or Working Group, is created outside the general course of employment, and will vest in the Trust. Members will execute all documents and do all such acts as may be reasonably necessary to give effect to the terms of this clause, including after cessation of membership for any reason.

Algorithmic Trading Working Group

Developers and maintainers of the FIX algorithmic trading definition language (FIXatdl)

FIX Inter-Party Latency Working Group

The FIX Inter-Party Latency (FIX IPL) Working Group has been established to develop a standard that will allow the easy assembly of information on a consistent basis across multiple organizations.

FIX Specification Working Group

This group will be tasked with determining how best to manage and structure all of the FIX documentation for the great benefit of the community.

FPL Americas Buy-Side Working Group

This working group has been developed to provide a platform for buy-side representatives to discuss how their needs can be efficiently met by the automated trading community.

FPL/FIF Regulatory Reporting Working Group

In a collaborative effort the FIF (Financial Information Forum) and FPL have joined forces to address the recent transparency initiatives proposed by the SEC.

FPL-MMI Collaboration Working Group

FPL is involved in a joint effort with the Money Management Institute's (MMI) Data Standards Working Group.

FPL Risk Management Working Group

The main purpose of the FPL Risk Management Committee is to raise awareness regarding the implications of electronic trading on risk management and to develop standardized best practices such as this document for industry consideration.

FPL Trade Data Standardisation Group

This group has been established to help define standards for post-trade transparency.

High Performance Interfaces Working Group

This group has been established to develop a highly efficient and very concise protocol for electronic trading.

High Performance Working Group

This working group will follow on the previous work of the High Performance Interface Working Group whose work concluded with the creation of a requirements document. The working group will be organized into subgroups, which will focus on specific aspects where fit-for-purposefulness of FIX for high performance financial transactions can be improved.

Market Data Optimization Working Group

This working group is to develop recommended enhancements to FIX Protocol to support high frequency market data applications.

Repository Working Group

The Repository Working Group (RepWG) is to develop the FIX Repository to support a number of requirements for the continued developments of the protocol.

Risk Mitigation Symbology Working Group

The purpose of this working group is to increase the availability of ‘listed’ test / spurious financial instruments in the industry.