Imported from previous forum
[ original email was from Robert Stowsky - rstowsky@brookpath.com ]
Brook Path Partners announces public FIX training courses for North America.
Public courses cover the use of FIX throughout the trade lifecycle and highlight differences between versions and migration issues.
Boston, MA, May 24, 2004 - Brook Path Partners, Inc. has announced the launch of a series of its FIX training courses entitled FIX and the Trade Lifecycle. Each course runs 2 days, and will be presented in a number of cities in the United States and Canada. The course is designed for managers, developers, sales and/or support people who work with systems that use the FIX protocol. These may include order management systems, trading platforms, order routing systems and other applications that either implement the FIX protocol directly or rely on a FIX interface to communicate information.
“After we announced our corporate FIX courses, we received a high volume of requests from individuals wanting to take the course.” said Robert Stowsky, Brook Path Partners’ President and CEO. “By offering the courses in public venues we are not only giving individuals access to this material, but are also giving companies the opportunity to send their employees who could benefit from an education in the FIX protocol.”
FIX and the Trade Lifecycle begins with an overview of how securities markets work with a discussion of who the participants are and what they trade. The trade lifecycle is reviewed beginning with research and price discovery, and then moves on to order management and execution and concludes with clearing and settlement. Coverage of other elements of securities processing such as new issues, corporate actions and securities lending is also included.
The FIX protocol is then introduced in the context of where it can be used in the trade lifecycle. Each message category is explained along with requirements for specific asset classes. Technical differences between the 4.2 and 4.4 specifications are highlighted as is standard industry practice for implementing the protocol. A brief introduction to the FIX 4.4 Schema and its use is also provided. To review a course outline and to register visit the Brook Path Partners website at www.brookpath.com.
About Brook Path Partners, Inc.
Brook Path Partners provides consulting, training and research on the use of technology in all phases of the investment and trading lifecycle from research and discovery through settlement and clearing and beyond to corporate actions and event processing. A recognized authority on the use of financial protocols, Brook Path Partners actively contributes to the FIX, FpML and ISO 15022 XML standards organizations. Brook Path Partners’ FIX protocol practices are headed by Lisa Taikitsadaporn, EVP and COO. Lisa is co-chair of the FIX Protocol Global Fixed Income Technical Subcommittee and a contributing member of the FIX Protocol Global Technical Committee and the FIX ISO XML Working Group. She co-authored the "Fixed Income Gap Analysis" document that is the foundation of the FIX 4.4 fixed income specification. To learn more about Brook Path Partners, please visit www.brookpath.com.
About FIX
The Financial Information eXchange (FIX) protocol is a messaging standard developed specifically for the real-time electronic exchange of securities transactions. FIX is a public-domain specification owned and maintained by FIX Protocol, Ltd. For more information on FIX please visit www.fixprotocol.org.