The FIX Trading Community is pleased to announce the development of a number of different working groups under the FIX Trading Community umbrella. If you wish to be added as a participant on any of these, please respond to the FIX Program Office (firstname.lastname@example.org) indicating which groups are of interest to you and/or your colleagues.*
- Repo Working Group – To develop and maintain a standard and a detailed set of guidelines and message specifications for automating the full life cycle of Repos via FIX, including post trade, asset servicing, collateral management, regulatory reporting through the full life cycle and eco system of Brokers, Clients, Custodians and Service Providers.
- RMB Products Working Group – To establish recommended practices and propose enhancements to the FIX Protocol for RMB product related workflows and also conduct a gap analysis between the IMIX protocol and FIX based on the practices of IMIX in China and the international community over the past decade.
- Securities Lending Working Group – To develop a set of messages to support automated processing of securities lending. The focus will be on cleared securities lending but consideration will be given for extensibility to non-cleared activity. The messages are intended to support loans collateralized by cash and non-cash securities and to support practices by global CCPs that cleared securities lending transactions.
- SFTR Working Group – To assist firms as they meet the challenges posed by the European Commission’s introduction of the Securities Financing Transactions Regulation (SFTR). Identify the data, operational and reporting issues created by the introduction of SFTR, and guide the industry in associated implementation and best practice.
*Upon development of a new FIX working group, participation is initially open to both members and non-members of the FIX Trading Community for a period of 3 months. Participation beyond the 3-month period will require a FIX Trading Community membership, you will be contacted prior to the expiration of the open participation period. Please contact Bernie Lee with any membership questions.