John Munro has been an active member of FIA, addressing technical issues such as the FIXML standard for futures trade messaging, the conversion methodology for positions in the euro currency conversion, and industry testing for Y2K date logic functionality.
Munro’s affinity for software development led to the co-founding of Brokerage Systems, Inc, with John Euler in 1980 to build the TRACS clearing and accounting system. This software package ran on a firm’s own System/34, which gave its users control of their vital trade data and the ability to modify it and integrate it with other applications. Three generations of this system were developed over the years to provide for the growing complexity of the futures industry.
Munro has focused his energy on the design and integration challenges of updating new functions to handle new major product initiatives such as exchange-traded options and the adoption of new technologies like FIXML that require extensive development to integrate them with the core functions of hardware platforms. After more than 40 years of working on these requirements, Munro retired from ION Trading in 2016.
