Category: FIX in the News

The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has committed to working with the global bond trading community and the International Capital Market Association (ICMA) to improve the efficiency and quality of bond trading. Read more

14 October, 2025 (London): The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has committed to working with the global bond trading community and the International Capital Market Association (ICMA) to improve the efficiency and quality of bond trading. The joint effort, spearheaded by the FIX Fixed Income...

The FIX Trading Community has called on the UK’s Financial Conduct Authority (FCA) to take decisive action in improving post-trade transparency as part of its Consultation Paper CP25/20. The consultation, focused on the systematic internaliser (SI) regime for bonds and derivatives and accompanied by a discussion paper on equity markets, has prompted FIX to highlight...

The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has called for greater post-trade transparency in its response to the Financial Conduct Authority’s Consultation Paper CP25/20: The SI regime for bonds and derivatives including discussion paper on equity markets. FIX Executive Director, Jim Kaye, said the discussion paper section was...

The FIX Trading Community has responded to the FCA’s consultation paper on the SI regime for bonds and derivatives, calling for legacy issues to be addressed to improve post-trade transparency. The FCA’s paper focuses on the SI regime for bonds and derivatives, with questions on equity markets included to inform an upcoming 2026 consultation on...

Voluntary trade flags developed by the FIX Trading Community haven’t seen the take-up that the group hoped, members told Global Trading, with UK-EU reporting consistency held back by a lack of investment in non-obligatory changes. Ahead of the consolidated tapes (CT) being introduced in the UK and Europe, FIX has released a fifth iteration of...

The updated MMT meets the new requirements for a European consolidated tape, expected later this year. FIX’s MMT Steering Committee has worked closely with European regulators since 2013, keeping the standard up to date with changing regulations and user requirements and underpinning the efficiency and transparency of the entire market. Continue reading on Mondo Visione…

The FIX Trading Community has released Market Model Typology (MMT) 5.0 to help firms prepare for the pending European consolidated tape. MMT is the independent industry data standard for classifying trades across European capital markets, enabling consistent interpretation of published transactions and supporting clean, transparent market data. FIX Executive Director Jim Kaye said FIX’s independent,...

FIX Executive Director, Jim Kaye, said that FIX was uniquely positioned as an independent, industry-run body to ensure MMT meets the needs of all market participants. “MMT is a great example of FIX’s unique ability to take everyone’s needs into account in a completely unbiased way, and ensure market structure and regulatory changes meet the...

The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has published Market Model Typology (MMT) 5.0, which will help trading firms ready themselves for the pending European Consolidated Tape. Continue reading on Markets Media…