Category: MiFID

From the improbable upside-down plane scene in ‘Flight’ to musing over the state of the Markets in Financial Instruments Directive (MiFID) in the future of ‘Bladerunner 2049’, this year’s FIX Trading Community event in Boston kicked off with references to the cinematic. But it was the keynote speaker’s analogy borrowed from ‘Back to the Future’—and,...

Its been 7 years in the making and MIFID 2 finally comes into force this January. One of the guiding principles and an expansion from MIFID 1 is Best Execution . On todays show we’ll talk about Best Execution Reporting with our guest Alex Wolcough a FIX Trading Community Contributor and Director at Appsbroker. http://irpjournal.com/podcast/irp-journal-podcast-4/...

The FIX Trading Community established a number of MiFID Working Groups in May 2015. With just a few months of the year remaining, Tim Healy, Global Marketing and Communications Director, provides an update on FIX’s MiFID II initiative. What have been the areas of focus for the FIX Trading Community? In May 2015, the EMEA...

FIX Trading Community, which sets the messaging standard for trading messages sent between buy-side and sell-side firms, has published the final Recommended Practices for Best Execution Reporting, ahead of MiFID II’s January 3 implementation date. The report provides guidance on how to populate the reports required under MiFID II, addressing the three main reporting requirements:...

The FIX Trading Community, the non-profit, industry-driven standards body has released guidelines on best execution reports under new regulations which should simplify aggregation and make the data more useful. MiFID II, the regulations coming into force for financial markets in the European Union in January 2018, introduces new requirements for reporting best execution across asset...

Tackling the Hot Topics: FIX Nordic Trading Briefing 2017 By Peter Fredriksson – CEO of Baymarkets Technology, Sweden Last month saw the return of the FIX Trading Community’s Nordic Trading Briefing to Sweden, the largest FIX event in the Nordics and now firmly established as a key date on the industry’s calendar. This year’s line-up...

The enhanced requirements to evidence best execution under new European Union regulations will spread to the US and Asia as clients will demand more detailed pre-trade and post-trade data. Under MiFID II, the regulations coming into force in the EU at the beginning of next year, an investment firm must take “all sufficient steps” to...

On 29th June, the FIX Trading Community held its summer London regional event kindly hosted by BNP Paribas, bringing together market participants to debate hot topics affecting the industry. And of course, there is nothing more pressing at the moment than the looming MiFID II deadline. The evening started off with an update from some...