[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.]
July 1st, 2009 – FIX Protocol Limited (FPL) is proud to announce that Andrew Parry of J.P. Morgan Investment Bank has been elected as Co-Chair of the FPL Global Derivatives Committee. In this new position, Mr. Parry, who is based in London, will work closely alongside Co-Chair Tayloe Draughon of Newedge Financial to lead the organisation’s efforts as it seeks to develop the FIX Protocol to meet the evolving requirements of the Derivatives asset class and promote greater standardisation within this space. Mr. Parry is currently a Lead Architect within Global Equity Derivatives at J.P. Morgan’s Investment Bank. Prior to joining the firm he held a range of different positions at Deutsche Bank and Instinet. Commenting on his recent election Mr. Parry stated, “I am delighted to be elected as Co-Chair of the FPL Global Derivatives Committee. Adoption of the protocol has increased significantly over recent years and it has become central to both the cash and derivative product markets. FIX has achieved this growth because it presents a pragmatic and valuable solution that can be applied to the real world challenges of automating and integrating the financial markets. Within this position I look forward to working closely with industry participants to continue to shape this growth as we move into a world which is likely to feature reduced product complexity, greater regulation, ever-increasing volumes and lower margins.” In welcoming Mr. Parry to this position, FPL would also like to take the opportunity to thank his predecessor, John Munro of Rolfe & Nolan, who served in this position on behalf of the Futures Industry Association (FIA) for more than 6 years. FPL and the FIA benefit from a Statement of Understanding and work collaboratively to promote the use of standards within the futures and options market. As part of this agreement, the FPL Global Derivatives Committee benefits from one leader that represents the interests of FPL and one that represents those of the FIA. The FIA has selected Tayloe Draughon as its chosen representative for the next term. Additionally, FPL would like to congratulate Jay Hurley of Morgan Stanley who has recently been re-elected as Co-Chair of the FPL Global Foreign Exchange Committee, a position that he has held since July 2007. Mr Hurley is currently based in Hong Kong and has more than 10 years experience within the investment banking industry working primarily on FIX-based electronic trading solutions for equity and foreign exchange products. He will continue to serve in this position alongside Co-Chair Bill Specht of Currenex. About FIX Protocol Ltd FIX Protocol Ltd is a non-profit organisation that owns the intellectual property rights of the Financial Information eXchange Protocol (FIX), 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 [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/FIX-Protocol?hl=en -~----------~----~----~----~------~----~------~--~---
