[FWD: [members@fixprotocol.org] FIX Algorithmic Schema

Subject: [FWD: [members@fixprotocol.org] FIX Algorithmic Schema - Request for Comment]

-------- Original Message --------
Subject: [members@fixprotocol.org] FIX Algorithmic Schema - Request
for Comment
From: "FPL Program Office" <fpl@fixprotocol.org>
Date: Mon, April 09, 2007 9:51 am
To: <members@fixprotocol.org>

FIX Algorithmic Schema -  Request for Comment

The FPL Algorithmic Trading Working Group created a draft algorithmic schema that allows algorithmic providers to describe their algorithmic order types and parameters via XML.   It also provides an optional foundation for dynamic rendering of algorithmic order entry screens, and an optional foundation for validation during order entry time, ahead of order submission.

The FPL Global Technical Committee has approved the draft schema for broader industry comment. The most current versions of all documents are available via a public directory on the FPL website:

    http://www.fixprotocol.org/working_groups/algowg/documents

We would appreciate if you could take a look as soon as possible as we expect to begin pilot testing with interested parties in a few weeks. After that, the change process becomes much more rigid.

Included in the above directory is the Algorithmic Trading Working Group “Issues” document, which outlines currently known outstanding issues. This document will be updated in real time as issues, changes and enhancements are further identified.

Please respond with technical comments, ASAP, but no later than Friday, April 20^th to algotech@fixprotocol.org. If you are also interested in doing a pilot please advise us.

Thanks very much.

Sincerely,

FPL Algorithmic Trading Working Group

algotech@fixprotocol.org

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