Connamara Systems to Co-Chair the FIX Trading Community JSON Encoding Working Group

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Connamara Systems, LLC announced today that FIX Trading Community has formed a working group to set guidelines for the use of FIX with JSON (JavaScript Object Notation) to be co-chaired by Connamara Systems and Credit Suisse Group.  The FIX JSON Working Group will focus its efforts on creating an encoding of the FIX Protocol in JSON.  JSON is a prominent data representation format in use on the modern Internet, especially for Application Programming Interfaces (APIs).

Jim Northey, FIX Global Technical Committee Co-chair and Principal Services Consultant, Itiviti AB, states, “The FIX Community appreciates Connamara Systems continued contributions, including Mike Gatny’s leadership in developing this important new technical standard.”

Mike Gatny, VP of Engineering, notes, “It is an honor for Connamara to participate in and contribute to the FIX Trading Community.  Their contributions to the industry in setting standards are invaluable to increasing efficiency for the entire trading community.”

By publishing a standardized and detailed set of guidelines for JSON Encoding, FIX Trading Community is addressing the need for a human-readable FIX encoding that works well at the scale of browser-based applications and the micro-services that power them.  With these guidelines, market participants will be able to interoperate using JSON Encoding for FIX without the need for distributing additional software.

About Connamara Systems, LLC

Connamara Systems, co-originator of the industry standard open-source QuickFIX FIX engine, and the premier provider of matching engine technology for startup and frontier exchanges, provides software engineering services exclusively to the capital markets industry.  Connamara practices agile software development and project management methods and has over 18 years of experience successfully delivering complex, distributed systems to the most demanding customers in the financial marketplace.  Visit www.connamara.com for more information.

About FIX Trading Community

FIX Trading Community is the non-profit, industry-driven standards body at the heart of global trading. The organization is independent and neutral, dedicated to addressing real business and regulatory issues impacting multi-asset trading in global markets through standardization, delivering operational efficiency, increased transparency, and reduced costs and risks for all market participants. Central to FIX Trading Community’s work is the continuous development and promotion of the FIX family of standards, including the core FIX Protocol messaging language, which has revolutionized the trading environment and has successfully become the way the world trades.  Visit www.fixtradingcommunity.org for more information.

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