Trayport’s exchange systems business has joined FIX Protocol Ltd. (FPL), joining the industry group’s efforts to define and supporte the extension of FIX messaging across the broader derivatives asset class.

Over the past two years Trayport’s standard equity based FIX 4.4 gateway has been deployed across its equity exchange clients. However, an increase in the need to cater for all exchange clients has become increasingly apparent and Trayport is now looking to extend its FIX capability.

According to Adrienne Quinn, head of exchange systems at Trayport, “We recognise the importance of being able to offer all of our exchange client’s first-rate connectivity and by joining FPL we are strengthening our ongoing commitment to continue the development and success of our FIX 4.4 gateway.” Trayport is already working closely with its exchange clients and ISVs to implement a new version of the FIX 4.4 gateway by the third quarter of this year.