FX group works on Fix 4.5

The group will produce the results of its findings later this year, before the release of Fix 4.5, said Jack Lemonik, co-chair of the working group, and chief technology officer at multi-bank portal FXall in New York.

The group will start with a review of forex business practices, which will be followed by a ‘gap analysis’, to measure the differences between these findings and the definitions specified for foreign exchange in the previous Fix version, 4.4, Lemonik said. This will lead to rev