Dear Users of the FIX Protocol, we believe that after 30 years of service, it is time for the Basic Repository to retire. Its successor (Unified Repository) was developed 15 years ago. Both provide meta-data for FIX interfaces. However, the breakthrough came with Orchestra, which was developed by FIX between 2016 and 2021 as a...
Month: January 2026
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The FIX Trading Community and ICMA Launch White Paper to Drive Standardisation in Electronic Axe Distribution – Setting the Stage for Greater Transparency and Efficiency in European Bond Markets
London, [16th December 2025] – The International Capital Market Association (ICMA) and the FIX Trading Community have jointly released a white paper examining the electronic distribution of bond market axes across Europe. The report highlights how FIX standards are being applied to improve consistency, reliability, and security in axe dissemination as markets transition to automated...
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FIX launches industry working group to explore integration of 24-hour trading into established institutional workflows
Initiative comes as several trading venues prepare to potentially extend trading hours; consultation group will focus on the evolving role of broker-dealers and the implications of expanded access for global investors. The FIX Trading Community has launched a new industry working group to examine the opportunities and challenges surrounding 24-hour trading in US equities, as industry momentum builds toward round-the-clock market access. The initiative comes as several...
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FIX launches 24-hour trading working group
20 January, 2026 (London): The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has launched a working group to examine issues and opportunities around 24-hour trading of US equities. Several alternative trading systems (ATS) have opened to offer overnight access to US markets. While overnight volume is currently low at around 0.1% of total US market volume, interest from both retail and...
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FIX Group Wants Reforms for E.U.’s CTP Reporting
An industry association, the FIX Trading Community, wants to increase the “size and attractiveness” of European trading markets via modifications to trading practices and extensions of the Financial Information eXchange (FIX) protocol governing electronic trading, officials say. In a whitepaper, “FIXing Europe: How the European Consolidated Tape can radically improve the image of European capital…...