[This message was posted by FPL  Program Office of FIX Protocol Ltd. 
<[email protected]> to the "Announcements" discussion forum at 
http://fixprotocol.org/discuss/30.]

January 12th, 2009 – FIX Protocol Ltd (FPL) congratulates Jim Leman on recently 
receiving the Waters Lifetime Achievement Award at the 4th annual American 
Financial Technology Awards.  Mr. Leman is currently a Principal and Managing 
Director at Westwater, a management & technology consulting firm.  Mr. Leman’s 
career in the financial services sector spans over 30 years and includes 
employment at the New York Stock Exchange (NYSE), Salomon Brothers / Citigroup, 
SunGard and HSBC.  While at Salomon Brothers, Mr. Leman worked with colleagues 
and counterparts at Fidelity Investments to develop the first versions of the 
FIX Protocol as a bi-lateral framework for the electronic communication of 
equities trading nearly 15 years ago.  Recognising the significant potential of 
this innovation, and the cost savings and efficiencies it could present to the 
financial services sector, he worked tirelessly to champion the global adoption 
of the FIX Protocol by both competitors and client
 s, alongside fellow founders of the Protocol - Jacques Perold, Bob Lamoureux 
and Chris Morstatt.

Mr. Leman was also fundamental in creating the FIX Protocol Limited (FPL) 
organisation, and held the position of sell-side Co-Chair of the organisation’s 
Global and US Committees for a total of six years before becoming Co-Chair of 
its Business Practices Committee.  He was recently re-elected to serve another 
term as a Director of FIX Protocol Ltd.

Today the FIX Protocol is the de facto messaging standard for the electronic 
trading of equities within the pre-trade and trade space and its prominence is 
advancing at significant speed within the Derivatives, Fixed Income and Foreign 
Exchange markets.  The FPL organisation constantly strives for the 
ever-expanding adoption of the Protocol, and is very pleased with the growing 
interest shown by participants in emerging markets that are also keen to take 
advantage of the economic and operational benefits that the FIX Protocol 
presents.  This long-term success is in a large part due to the accomplishments 
of Jim Leman and his colleagues who have helped to develop the Protocol and 
have so effectively promoted its adoption.

Jim stated, “It has always been my honor to work with all of the folks who made 
FIX one of the most lasting innovations in the application of technology to the 
electronic trading dimension of the financial industry.  Let’s all keep moving 
its contribution forward.”

Scott Atwell of American Century Investments and Co-Chair of the FPL Global 
Steering Committee added, “I have been fortunate enough to have worked with Jim 
on FIX since 1996 and have always admired his passion and drive in making the 
FIX Protocol a success.  Jim coordinated the initial expansion of FIX into 
Europe, Japan, and Asia/Pacific.  On behalf of the FPL organisation, I would 
like to sincerely thank Jim for his contribution to the electronic trading 
industry.  Without his strong belief and commitment, the significant cost 
savings that the industry continues to benefit from through mass adoption of 
the FIX Protocol standard would not have been possible.”


About FIX Protocol Ltd
FIX Protocol Ltd is a non-profit organisation that owns the intellectual 
property rights of the Financial Information eXchange (FIX) Protocol, which is 
available free of charge from the FPL website, subject to FPL’s copyright and 
acceptable use policy.  FIX is a globally-recognised messaging standard 
enabling the electronic communication of pre-trade and trade messages between 
financial institutions, primarily investment managers, broker-dealers, ECNs and 
exchanges.  For more information, see www.FIXProtocol.org.  

Contact:
Daniella Baker, Marketing and Communications Manager, FIX Protocol Limited 
[email protected], +44 (0)20 7936 9334

 


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