FIX Trading Community appoints Jim Downs to GTC Governance Board

Connamara Systems is pleased to announce Jim Downs, Founder and CEO, has been appointed to the Global Technical Committee Governance Board (GTC) of the FIX Trading Community. The FIX Trading Community is responsible for maintaining the FIX Protocol that is the standard for electronic communication in capital markets. The GTC Governance Board reviews and approves
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COVID-19 boosts RFQ demand – Connamara CEO

By Wendy Lisney The closure of trading floors amid COVID-19 has boosted demand for request for quote (RFQ) functionality to replicate the floor experience, Chicago tech firm Connamara has said. “The floor was essentially an RFQ model for complex strategies and products, be it options strategies or swaps or strips,” Jim Downs, Connamara’s chief executive
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Why Financial-Market Pioneer Richard Sandor Is Building “the Most Boring Benchmark in America”

A conversation with the creator of AMERIBOR about interest-rate benchmarks in a post-LIBOR world. When you talk to Richard Sandor about his history as a serial entrepreneur in financial markets, it cannot be a short conversation. Over the past half century, Sandor has been prescient and present at key moments in the creation and evolution
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Lessons in SHIFTing gears from bootstrapped startup founder Jim Downs

Jim Downs, CEO of Chicago-based custom trading software company Connamara Systems, has had a fascinating career path. Once an avionics engineer, an Intercontinental Ballistic Missiles (ICBM) telemetry expert with the CIA, and market maker at the CBOT and CBOE, he founded Connamara in 1998. On today’s episode, he shares some of the lessons he has
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