In February 2018 the HK SFC published a circular specifying that prior consent was required from clients before facilitation trades could be...
What is the FIX Trading Community?
Learn more
- Welcome to the non-profit, industry-driven standards body with the mission to address the business and regulatory issues impacting multi-asset trading
- Gain insight into the organisation today, its global reach, industry scope and the impact of its work
- Understand how the organisation is structured and protects FIX as a non-proprietary, free and open standard
Updated News from the FIX Trading Community
Consolidated Tape Working Group
The EU and ESMA are keen on pursuing the creation of a consolidated tape. ESMA has produced a consultation document which poses...
FIX Orchestra
FIX Orchestra was conceived as machine readable rules of engagement between counterparties. Orchestra is intended to cut time to onboard counterparties and...
FIX/FIF CAT Initiative
In an effort to address the SEC adopted Rule 613 which requires national securities exchanges and SROs to submit a Consolidated Audit...
GTC Public Comment
PUBLIC COMMENT PERIOD – Simple Binary Encoding (SBE) V2.0 RC2 – Version 2.0 template extension mechanism was enhanced to allow adding of...
MMT
The Market Model Typology (MMT) was developed to provide data standardization across financial markets. The latest version of MMT delivers efficient operational...
MOST (Monitoring, On-boarding and Software Testing) Working Group
MOST working group will focus on developing recommended practices for monitoring, on-boarding and software testing of FIX related financial applications, as well...
Post Post-Trade Confirmation Payments
The post trade working group has recently worked to address the heavily manual and fragmented process for periodic payments and cash flow...
Videos & Podcasts
FIX Trading Community: Shaping the Future of Trading
FIX in the News
Concepts-Part5-Service-Offerings-And-Session-Configurations
Orchestra Concepts Part 5: Service Offerings and Session Configurations The Orchestra Interfaces schema provides a standardized way to specify service offerings and configure sessions for connectivity. Overview Every system that allows customers or partners to connect uses some stack of communications protocotols. Those protocols must be specified to the peers in order to establish connectivity. We call an application-layer protocol...
Consolidated Tape Will Not Make Data Cheaper
Market data consumers will still have to buy feeds from the providers, says FIX co-chair. Even if a European consolidated tape is built, trading participants will still have to buy market data feeds from the data vendors, says Matthew Coupe, co-chair of the EMEA regional committee and EMEA regulatory subcommittee at industry body FIX Trading Community. A consultation paper from...
A FIX to the Post-Trade World
A FIX to the Post-Trade World Traders Magazine Online News, August 9, 2019 Tom Jordan At the FIX Trading Community event in Chicago on July 25, 2019 hosted by Itiviti at The Library at 190 South LaSalle, a panel of five professionals from a large asset management firm, a large bank and technology providers were surrounded by 50,000 volumes of...
FIX Sets Standard For Periodic Payments
Some firms have already started working towards the new FIX Trading Community standard for periodic payments which aims to increase efficiency and reduce errors. Laurence Jones, co-chair of FIX Trading Community’s global post-trade working group and director, post-trade strategy at Traiana, part of CME Group, told Markets Media that the non-profit, industry-driven body was originally launched to set messaging standards...
