Imported from previous forum
Developers working in electronic stock trading systems development / testing / support / maintainence who fail to adopt FIXProtocol could be left behind :-((This inference is based on the following two messages recently posted on http://fixprotocol.org/)
20-June-2007 : Alex Walker, vice president (international) at TNS Financial Services said the following at
http://fixprotocol.org/discuss/read/722a1bc4
[begin quote]
Take up of advanced electronic trading formats, such as algorithmic trading and direct market access, has grown to the point where firms not adopting these processes may be left behind…
[end quote]
2-July-2007 : Neal Wolkoff, Amex Chairman and CEO is asking its order flow providers and aggregators to upgrade from CMS to FIX connectivity with the Exchange by August 31st, 2007.
http://www.fixprotocol.org/documents/3465/NW%20to%20Members%206%2028%2007.pdf
These two messages lead me to conclude that more Buy & Sell sides would be adopting electronic trading and FIX is emerging as leading electronic exchange connectivity protocol.