FIX Protocol Ltd. Unveils Algorithmic Trading Definition Language for Rapid Algo Deployment

FIX Protocol Ltd. used its FIX EMEA Trading Conference to unveil version 1.1 of its Algorithmic Trading Definition Language (FIXatdl), effectively making the standard available to the broad marketplace for the first time. FIXatdl introduces a standard format that allows brokers and other providers of algorithmic trading strategies to release their model specifications in a standard XML format, rapidly reducing time to market for new and updated trading models.

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