Published 30 Oct 2019 Author: Alice Tchernookova Subscribe to read the full article here
Category: FIX in the News
AI Finds a Role as ‘Collaborative Intelligence’ Models Come to Life
On October 3rd, FIX Trading Community along with RBC Capital Markets will host the New York Regional Meeting. This evening event provided delegates with a regional update, followed by a panel debate and close with networking drinks. The panel topic was ‘The Growing Impact of Artificial Intelligence (AI) in Financial Services’. “None of us here believe...
The Consolidated Tape – It’s not easy but without standards it is impossible
Earlier this year at the FIX EMEA Trading Conference, Keynote Speaker Verena Ross, Executive Director, ESMA, discussed the fact that ESMA would be reopening the discussion around the need for quality market data and data standards. Since no consolidated tape provider had naturally emerged, ESMA would revisit the subject and if necessary, would look to mandate...
Consolidated Tape Will Not Make Data Cheaper
Market data consumers will still have to buy feeds from the providers, says FIX co-chair. Even if a European consolidated tape is built, trading participants will still have to buy market data feeds from the data vendors, says Matthew Coupe, co-chair of the EMEA regional committee and EMEA regulatory subcommittee at industry body FIX Trading...
A FIX to the Post-Trade World
A FIX to the Post-Trade World Traders Magazine Online News, August 9, 2019 Tom Jordan At the FIX Trading Community event in Chicago on July 25, 2019 hosted by Itiviti at The Library at 190 South LaSalle, a panel of five professionals from a large asset management firm, a large bank and technology providers were...
FIX Sets Standard For Periodic Payments
Some firms have already started working towards the new FIX Trading Community standard for periodic payments which aims to increase efficiency and reduce errors. Laurence Jones, co-chair of FIX Trading Community’s global post-trade working group and director, post-trade strategy at Traiana, part of CME Group, told Markets Media that the non-profit, industry-driven body was originally...
ESMA Consults on Market Data, Consolidated Tape
The European Securities and Markets Authority has launched a consultation on the cost of market data and the launch of a consolidated tape for the region which the buy side said is necessary to plan executions with confidence. The FIX Trading Community London regional meeting discussed the possible production of a consolidated tape on July...
Planning for the unknown
Irina Sonich-Bright* discusses the diversity of the FIX Trading Community and how it addresses the yet undefinable Brexit outcome. The FIX Trading Community is wonderfully diverse. Its members consisting of buyside, sellside, vendors, exchanges and market operators, working closely with other industry associations such as AFME, BVI, EDMA, IA and ICMA, covering mostly technical issues,...
FIXing China –
FIXing China Chinese market structure is completely unique, making it difficult for global trading firms to compete in China, and for domestic firms to offer their services on the global stage. FIX Trading Community’s China Working Group has been quietly working away with the key players in China to look at the issues and opportunities as...
FIX Implores Open Innovation, But Hedges on AI
23 April 2019 Courtney McGuinn, FIX Trading Community Operations Director The topics du jour were certainly different at this year’s FIX Trading Community Americas Trading Briefing. Yet two topics — optimized trade execution and streamlined post-trade processing — proved that the more things change, the more they stay the same. Last spring’s event was buoyed...