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FIX Trading Community announces Release Candidate 3 of FIX Orchestra – the open standard for machine readable rules of engagement for all financial protocols

London, New York, Hong Kong March 13, 2018: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the publication of Release Candidate 3 for FIX Orchestra for public review, to help the industry move further towards standardisation and automation of rules of engagement and deliver major efficiencies to...

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FIX Orchestra – Best Execution article

Anyone that has worked with the FIX Protocol will appreciate that, whilst it is a technical protocol, the human interaction in configuration, testing and certification of a FIX connection is absolutely vital. The protocol itself was borne out of a business need over 20 years ago by traders and technologists with an explicit requirement to...

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Industry Looks to Formalize FIX Ecosystem – Markets Media article

The English prose specifications published by the FIX Trading Community for its engine are being translated into mathematically precise language in order to encourage the industry to formalize the rules and algorithms that run increasingly complex financial markets. The FIX family of standards is run by the non-profit FIX Trading Community, whose members represent all...