The FIX Cybersecurity Working Group was established a number of years ago in response to the deteriorating security landscape for financial services institutions. This article outlines the Group’s operating logic, initiatives to date, and anticipates the work the FIX Cybersecurity Working Group will undertake in continuing efforts to counter cybersecurity risks. Background and Landscape Security...
Category: FIX in the News
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FIX EMEA Trading Conference 2018: Podcast – TABB Forum
http://tabbforum.com/videos/fix-emea-trading-conference-2018-podcast On March 15, 2018, the FIX Trading Community celebrated its 10th annual EMEA Trading Conference at Old Billingsgate in London. The full-day event was attended by more than 1,000 people and covered the most pressing issues facing the institutional trading community, providing a neutral platform for buy-side, sell-side, exchanges, vendors and regulators to share...
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FINRA to Change to FIX Execution Time Trade Reporting
Effective Monday, August 20, the Financial Industry Regulatory Authority will require a change to all FIX trade reporting related to the processing of execution time during Daylight Savings Time (DST) changes. This update affects firms’ transaction reports for all FINRA Multi Product Platform products (MPP), including TRACE, the OTC Trade Reporting Facility (ORF), and The...
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A World Without FIX – Global Trading article
The FIX Protocol has transformed trading by increasing speed, reducing errors and improving efficiency. It also brings market participants together within a ruthless industry. As someone of a certain age, I can indeed remember a world without FIX. I can remember quite clearly receiving faxes from clients with lists of orders and having to decipher...
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How FIX is changing post-trade FX for the sell-side – JD Supra article
Post-trade FX activities have been dramatically simplified by the FIX interface, allowing sell-side participants to navigate challenges such as liquidity fragmentation and to reduce total cost of ownership (TCO). The FIX protocol has been widely used in equity and fixed income, but is now increasingly popular, and powerful, in the FX world. Recent FX developments,...