The FIX Trading Community, the non-profit, industry-driven standards body has released guidelines on best execution reports under new regulations which should simplify aggregation and make the data more useful. MiFID II, the regulations coming into force for financial markets in the European Union in January 2018, introduces new requirements for reporting best execution across asset classes under two standards –...
Updated News from the FIX Trading Community
Members of the FIX Trading Community have been convening regularly to address MiFID regulation over the past 2 1/2 years. As part of this work, a number of Extension Packs to the FIX Protocol have been produced to help firms to meet certain requirements.
EP222 MiFID II and MiFIR Extensions Part1
EP228 MiFID II and MiFIR Extensions Part2
EP229 MiFID II and MiFIR Extensions Part3
EP231 MiFID II ESMA RTS27
EP232 MiFID II ESMA RTS22
EP233 MiFID II Commission Unbundling
There will be more documentation to come, including Recommended Guidelines and we invite you to view the FIX & MiFID page here to get the full update across the different initiatives.
FIX Trading Community: Shaping the Future of Trading
FIX in the News
London, New York, Hong Kong, 18th October 2017: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the final release of its Recommended Practices for Best Execution Reporting as required by MiFID II RTS 27 & 28. The objective of this document is to provide guidance to entities regulated by MiFID II...
Tackling the Hot Topics: FIX Nordic Trading Briefing 2017 By Peter Fredriksson – CEO of Baymarkets Technology, Sweden Last month saw the return of the FIX Trading Community’s Nordic Trading Briefing to Sweden, the largest FIX event in the Nordics and now firmly established as a key date on the industry’s calendar. This year’s line-up also attracted record attendance –...
We learned last week that the ISO Technical Management Board (ISO TMB) that has approved Jim Northey, the FIX Global Technical Committee Co-chair representing the Americas, as the next ISO TC68 Chair. Jim previously served seven years as FIX Americas Regional Committee Co-chair and was the initial Chair of the Global Derivatives Committee. Jim will serve as ISO TC68 Chair Elect in 2018...