FIX in the News – FIX Trading Community

FCA consultation: SIs could ‘distort’ the tape, experts warn

FIXTrading Community — Tue, 07 Apr 2026 07:00:03 +0000

The FCA’s consultation questioned whether SI quotes should be used to determine the best bid offer (BBO) alongside venue quotes, or whether all quotes provided from SIs should be published and/or a BBO from public SI quotes as a separate figure to the trading venue-derived BBO.

FIX Urges Changes To UK Financial Regulation

FIXTrading Community — Thu, 02 Apr 2026 08:26:52 +0000

The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has called for changes to UK financial regulation as part of its responses to FCA consultations on the UK consolidated tape (CP25/31), and transaction reporting (CP25/32).

FIX Trading Community Urges Regulatory Alignment in Response to FCA Consultations

FIXTrading Community — Wed, 01 Apr 2026 09:30:20 +0000

The FIX Trading Community has called for significant changes to UK financial regulation in its formal response to FCA consultations on the UK consolidated tape and transaction reporting. Executive Director Jim Kaye emphasised that harmonising UK reporting rules more closely with EU standards would reduce complexity, lower the reporting burden, and improve the quality of market data. By addressing current concerns with post-trade transparency, the association aims to boost investor confidence in UK-based liquidity.

FIX Trading Community ramps up calls for regulatory changes on UK consolidated tape and transaction reporting

FIXTrading Community — Wed, 01 Apr 2026 09:06:26 +0000

Ahead of the introduction of the UK CT for equities, currently set to go live in 2027, the community emphasised concerns around post-trade transparency, outlined in six recommendations, indicating that these issues should be addressed to boost UK market data and investors engagement with UK-based liquidity.

24th Asia Pacific Trading Summit – The Trade

FIXTrading Community — Tue, 24 Mar 2026 07:34:53 +0000

Where the Global Trading Community Meets at the Edge of Change

Each year, as markets continue to evolve in subtle but consequential ways, the Asia Pacific Trading Summit in Hong Kong marks a moment for the industry to pause, reconnect and look ahead.

FIX EMEA: European liquidity crisis more semantic than systematic

FIXTrading Community — Mon, 16 Mar 2026 10:58:14 +0000

Industry discussions over recent years have frequently mourned the decline of the lit market and the lack of addressable liquidity in Europe and the UK. Yet panellists at the FIX EMEA Trading Conferences in London last week were optimistic about the state of the markets, and suggested that the issue is really a semantic one.

AI’s “eloquent lies” will keep traders in their seats

FIXTrading Community — Thu, 12 Mar 2026 12:39:06 +0000

AI has been, is, and will for the foreseeable future remain, one of the hottest topics in trading, with large language models (LLMs) the latest iteration to make headline news.

Axe throwing gets out of hand at FIX EMEA

FIXTrading Community — Thu, 12 Mar 2026 12:37:52 +0000

The use of ‘axes’ that dealers provide to buy-side clients, giving an indication of the price at which they will trade at a given size, proved controversial on a panel at the FIX EMEA Trading Conference in London.

Just under half of the audience called it “an indication of interest to trade that is provided by a dealer” in a straw poll, but around 39% labelled axes as “a position that is held by a dealer in which they want to advertise to clients”.

Only 13% defined an axe as “a firm price”.

FIX Trading Community’s Jim Kaye shares his key conference takeaways

FIXTrading Community — Tue, 10 Mar 2026 13:22:29 +0000

Jim Kaye, executive director at FIX Trading Community’s catches up with The TRADE on the ground at the FIX EMEA Trading Conference 2026 to discuss the main talking points and what’s on the market structure horizon.

Watch here.

Fidelity International’s Sam Knight on the ‘true’ cost of fixed income e-trading

FIXTrading Community — Tue, 10 Mar 2026 13:16:25 +0000

The TRADE sits down with Sam Knight, director of global e-trading at Fidelity International, to unpack the key talking points around the fixed income electronic trading landscape, as well as the regulatory developments shaping this sector, and how this may develop throughout 2026 and beyond.

Watch here