FIX is moving to unify atomised European ETF redemption and creation

A FIX Trading working group is drafting new protocols to bring ETF primary processes into private networks. ETF creation and redemption are labour-intensive, but as issuers and authorised participants (APs) warn, private-network connection costs need to be considered.

At FIX Paris 2025 on 20 November, the ETF working group presented proposals to improve the stubbornly manual processes associated with ETF primary workflows. The group aims to standardise the creation and redemption of ETFs within the FIX network.

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