10 February, 2026 (London/Singapore): The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has proposed ten key recommendations for regulating AI in trading, in response to the Monetary Authority of Singapore’s (MAS) consultation, Consultation Paper on Guidelines on Artificial Intelligence Risk Management, which closed on January 31. Executive...
Author: FIXTrading Community (FIXTrading Community)
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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…...
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FIX seeks feedback on changes to securities lending
22 December, 2025 (London): The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, is seeking industry feedback on its suggested changes to the way institutions perform securities lending. FIX has published a gap analysis and recommended practices and is asking industry participants to provide their views by 31...
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FIX targets ‘machine-usable’ execution tags for AI agents
Buy side traders say they can spend months deciphering broker-specific FIX tags before they can even think of using AI tools for TCA, research and trading. FIX is now pushing for machine-usable execution metadata. The AI working group is working on building up the standards from the buy-side-mandated, algo-specific flags trio: tags 29, 30 and...
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Outlook 2026: Jim Kaye, FIX Trading Community
What was the highlight of 2025? FIX was, as always, busy on many fronts around the world in 2025, but one area that brought a long-term piece of work to fruition was the publication of our recommended practices for the European Consolidated Tape. The new recommended practices were the result of years of work with...
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Bond market axes struggle in electronified markets, ICMA finds
ICMA and the FIX Trading Community have issued a white paper examining issues with market axes in an increasingly electronic bond market, warning that both the buy- and sell-side need to be confident in the security and accuracy of their communications. “Translating this age-old process into the new world of electronic trading is proving more...
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Pirum joins FIX Trading Community
Pirum has joined the FIX Trading Community. The global fintech has become a member of the FIX Trading Community, in a move it says will help foster increased collaboration towards open industry-wide standards, to contribute directly to standards development, and to drive efficiency and better client outcomes for industry participants across the world. Continue Reading…