The Office of Financial Research (OFR) has added relevant parts of the FIX Protocol to its Financial Instrument Reference Database (FIRD). The FIRD, a Dodd-Frank Act requirement, helps to identify where reference data is standardized and where there are inconsistencies. The FIRD now uses data standards – ISO 20022, ACTUS Financial Research Foundation’s data dictionary and FIX – to provide...
Mission Statement
FIX Trading Community is built around clear standards
FIX Protocol is part of the fabric of capital markets. Formed in 1991 at the dawn of electronic trading, FIX connects the global ecosystem of venues, asset managers, banks/brokers, vendors and regulators by standardizing the communication among participants. This is accomplished by following 4 key principles:
- Creating and maintaining robust open standards across the whole ecosystem from pre-trade to market data to settlement.
- Providing advice and counsel to regulatory bodies in a transparent and unbiased way.
- Seeking ways to improve the trading process front to back for the global financial services industry.
- Providing our members with a neutral, collaborative environment to come together through member-driven conferences and other critical forums to promote, support and educate.
FIX Trading Community - Mission Statement
FIX Protocol is part of the fabric of capital markets. Formed in 1991 at the dawn of electronic trading, FIX connects the global ecosystem of venues, asset managers, banks/brokers, vendors and regulators by standardizing the communication amoung participants. This is accomplished by following 4 key principles:
FIX Trading Community is built around clear standards
Creating and maintaining robust open standards across the whole ecosystem from pre-trade to market data to settlement.
Providing advice and counsel to regulatory bodies in a transparent and unbiased way.
Seeking ways to improve the trading process front to back for the global financial services industry.
Providing our members with a neutral, collaborative environment to come together through member-driven conferences and other critical forums to promote, support and educate.
Our Premier Global Members
Premier Global Spotlight
FIX Trading Community: Shaping the Future of Trading
FIX Trading Community News
ESG
Environmental, social, and governance (ESG) investing is an increasingly important aspect of financial markets, but challenges remain, particularly in light of the continued lack of coherent regulatory guidelines and the absence of accurate and consistent data. Please see articles featuring FIX on this topic here. Click “Continue reading…” to read the articles. Best Execution: Sustainable investment hindered by traditional approaches...
Market outages
Ever increasingly complexity and volumes in the market mean that operational resiliency is front of mind for market participants. Here you can find a number of articles on market outages featuring insight from FIX. Click “Continue reading…” to read the articles. Financial News: UK watchdog says LME ‘needs to learn lessons’ after nickel chaos leads exchange to wipe $4bn in...
Trading & market structure
Articles featuring thoughts from members of the FIX Trading Community on trends in trading and market structure, including the rise of bots, the electronification of the fixed income market and the need for better efficiency in equity markets. Click “Continue reading…” to read the articles. The TRADE: Rise of the bots – not there yet, but on the way Bobsguide:...
Videos & Podcasts
Updated News from the FIX Trading Community
A COVID-19 and FIX Trading Community Update
In the current climate of instability and growing concerns regarding COVID-19 Coronavirus, the FIX Trading Community has decided to postpone a series...
Brexit Working Group
Addresses potential changes related to a no-deal Brexit scenario to address trade reporting and Share Trading Obligations (STO) across EU and UK...
CAT Implementations
Guidance for CAT Implementations – FIX and FIF members collaborated to provide guidance for firms implementing CAT NMS Plan (Phase 2A-Equities) CAT-FIX...
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...
FINRA recommends FIX Protocol as replacement for CTCI clients
FIX Protocol replaces Computer to Computer (CTCI) for reporting to Trace and Over- the -Counter Reporting (ORF) effective February 3, 2020. The...
FIX Extension Packs
Recent extensions to the protocol, initiated by working groups, have completed Global Technical Committee review and approval and have been published on...
FIX Online Specification – Published
FIX Online Specification has been published
FIX Orchestra
FIX Orchestra was conceived as machine readable rules of engagement between counterparties. Orchestra is intended to cut time to onboard counterparties and...
MMT
The Market Model Typology (MMT) was developed to provide data standardization across financial markets. The latest version of MMT delivers efficient operational...
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...
