[This message was posted by Greg Orsini of JetTek, LLC 
<[email protected]> to the "Algorithmic Trading" discussion forum at 
http://fixprotocol.org/discuss/31. You can reply to it on-line at 
http://fixprotocol.org/discuss/read/c71b4633 - PLEASE DO NOT REPLY BY MAIL.]

My experience with ATDL acceptance is a bit different.  There are pockets of 
support developing for ATDL. 

I have recently interfaced to Lime Brokerage who uses ATDL for their also 
service providers.  In addition, some developers at large institutions are 
using ATDL internally to describe their sell side broker's algo tags.  That is, 
they are creating ATDL that in the future, the algo providers themselves will 
one day likely provide.

I think this is a normal evolution and reminds me of the adoption of FIX in the 
90's.  

Regards, Greg.


> My observation would be that BrokerDealer acceptance of ATDL seems non-
> existant. Every major house I have spoken to recently has either not
> heard of it or will not make any committement to supporting.
> 
> The great enthusiasm of 12-18 months ago has obviously been battered and
> the brokers seem happy enough with the status-quo (with the OMS/EMS
> community maintaining the support)
> 
> Where will the driver for adoption come from in this case? It has to, as
> I have found be Broker led. It seems there is little appetite for this.


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