FPL committee co-chairs elected

FIX Protocol Limited (FPL) is proud to announce the election of Ric Elvir of UBS Investment Bank as Co-Chair of the FPL Global Fixed Income Committee and Matt Simpson of CME Group as the re-elected Co-Chair of the FPL Global Technical Committee.

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Additionally, FPL welcomed a number of regional co-chairs over the summer months.

Ric Elvir is Head of US eBusiness for Fixed Income at UBS Investment Bank responsible for managing all eTrading initiatives as well as helping UBS increase their eTrading footprint across all Fixed Income products. He has over 14 years experience in the financial services industry, with eTrading exposure in both Equities and Fixed Income. Prior to joining UBS Investment Bank, Ric managed the analytics technology team for the Emerging Markets desk at Bankers Trust/Deutsche Bank. In welcoming Mr. Elvir to this position, FPL would also like to thank outgoing Co-Chair, George Macdonald of Macdonald Associates, for his efforts in promoting the use of FIX for Fixed Income, and we look forward to his continued participation as a committee member.

Matt Simpson, Associate Director of Business Architecture at CME Group, has actively contributed to the FPL organisation since 2002 and has served as Co-Chair of the FPL Global Technical Committee since 2005. During this period, he has worked to enhance post-trade functionality and OTC trading and clearing capabilities, formulated a collaboration with the Futures Industry Association (FIA) to develop a common standard and has also significantly contributed towards encouraging increased exchange utilisation of the FIX Protocol.

In addition to these global developments, FPL is also proud to announce the regional appointments of Ryan Wuebbels, Vice President of the Cash Market Department of Hong Kong Exchanges and Clearing Limited, and Angelina Kwan, Managing Director, Chief Operating Officer - Asia Pacific at Cantor Fitzgerald, as Co-Chairs of the recently established Asia Pacific Exchanges and Regulators Subcommittee. Selected due to their unique perspectives and significant levels of experience, the Co-Chairs will work to promote increased understanding of the benefits that FIX offers to the Asian exchanges and regulatory cry community.

Further to these appointments, FPL would also like to welcome Marcio Castro, IT Officer of Trading Systems at BM&FBOVESPA as Co-Chair of the FPL Latin America Subcommittee. Mr. Castro has been an invaluable resource to this subcommittee since its formation in 2008. As a leader, his technical and regional knowledge, combined with his strong understanding of the many advantages that FIX offers to the Latin American markets will add significant value to this group.

In welcoming these new leaders, FPL looks forward to the benefit that their fresh perspectives and ideas will contribute to the future development and promotion of the FIX Protocol messaging standard.

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