Matt Simpson of CME Elected as Co-Chair of FPL Global Technical Committee

June 14, 2005 FIX Protocol Limited (FPL) has announced that Matt Simpson of the Chicago Mercantile Exchange (CME) has been elected to the Co-Chair position of the Global Technical Committee (GTC). He will work alongside Kevin Houstoun who represents HSBC and has served in this position since June of 2004.

Matt Simpson has been with the CME since 1995 and currently serves as an Associate Director of Electronic Trading Systems Architecture. During his tenure he has helped design and build the original Clearing 21 System as well as the next generation of post-trade technology at CME.

He has been working with FIX Protocol Limited since May of 2002 to enhance post-trade functionality and define an optimized FIXML vocabulary. Over the past several years he has facilitated collaboration between FPL and the Futures Industry Association (FIA) to move toward a common standard in the listed derivatives area.

Most recently, he has co-chaired the Global Derivatives Technical Subcommittee and the Market Data Optimization Working Group (MDOWG). MDOWG focuses on pressing industry needs and develops solutions that have the potential to alleviate the problem of exponentially increasing market data.

Matt Simpson stated, "I am extremely pleased to accept this position and look forward to working with Kevin and together chairing this distinguished group of global participants to further develop and enhance FIX as the market's leading trade-communications protocol. I also would like to thank Scott Atwell of American Century Investments for his ongoing efforts with FIX and look forward to his continued involvement and leadership."

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