Infinite Intelligence: Matthew Coupe: data standards in fixed income should keep pace with automation Matthew Coupe, Co-Chair of the EMEA Regional Committee, spoke with Rajeeb Gurung from Infinite Intelligence at the FIX Trading Conference in March 2023 about the impact of data and automation on the fixed income market. CONTINUE READING… //bit.ly/42KrLBi
Author: FIXTrading Community (FIXTrading Community)
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FIA SIFMA Asset Management Derivatives Forum Summary – February 8-10th 2023, Laguna Beach, CA
From Laurence Jones, FIX Americas Regional Director & Co-Chair, FIX Global Post-Trade Working Group FIX recently attended the FIA SIFMA Asset Management Derivatives Conference, a 3-day event held in Laguna, CA. The 8th year of the event, it continues to have a great agenda covering trading & execution, clearing and collateral, risk management as well...
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GT article on Orchestra
FIX Orchestra was conceived as machine readable rules of engagement between counterparties. Jim Kaye of FIX Trading Community discusses what problem FIX Orchestra was meant to solve and how it can help trading firms realize efficiencies. Please Click on the following Link : https://www.fixglobal.com/fix-orchestra-in-focus/
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FIX Trading Community launches Orchestra Server
The FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, is pleased to announce the launch of Orchestra Server as a benefit to its members. Orchestra Server allows users to create documentation for their messaging interfaces (‘rules of engagement’) based on FIX’s Orchestra standard. The system, based on the...
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Accelerated Settlement & the Move to T+1
Proposals from regulators around the globe to shorten settlement timeframes for securities continue to evolve. Last year, the Securities and Exchange Commission (SEC) issued a proposed rule change to move to T+1. The Canadian Capital Markets Association (CCMA) also announced their intent to move to T+1, and the Securities and Exchange Board of India (SEBI)...
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IFLR: Mifid II reviews in 2023, part one
IFLR: Mifid II reviews in 2023, part one Thomas Helm, senior journalist at IFLR, looks out at the key themes for the year ahead in regard to the on-going Mifid reviews. The extent of the divergence between the UK and the EU is set to remain the overarching theme of the regulation into 2023. Matthew...
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Jessica Morrison announced as new co-chair of FIX Trading Community’s Global Steering Committee
We are delighted to welcome Jessica Morrison, Group Head of Sales Strategy & Execution (Trading Solutions) at LSEG as co-chair of our Global Steering Committee. Jess comes with significant experience of the FIX Trading Community, having been Asia-Pacific co-chair previously. She also carries a wealth of industry knowledge with over 15 years of experience in...
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FIX for allocations in T+1 regime: use case
India’s phased transition to T+1 settlement is now starting to affect securities traded by international investors. The FIX Protocol can be used to share fund information at time of trade, to streamline the allocation and settlement matching process. A key deadline in the India settlement process is at 7pm on T0 when all trade allocations...
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FIX Standards now part of the OFR Financial Instrument Reference Database
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...
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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...