India’s phased transition to T+1 settlement is now starting to affect securities traded by international investors. The FIX Protocol can be used to share fund information at time of trade, to streamline the allocation and settlement matching process. A key deadline in the India settlement process is at 7pm on T0 when all trade allocations...
Category: Press Release
FIX Standards now part of the OFR Financial Instrument Reference Database
The Office of Financial Research (OFR) has added relevant parts of the FIX Protocol to its Financial Instrument Reference Database (FIRD). The FIRD, a Dodd-Frank Act requirement, helps to identify where reference data is standardized and where there are inconsistencies. The FIRD now uses data standards – ISO 20022, ACTUS Financial Research Foundation’s data dictionary...
Finalisation of Recommended Practices: BCAN ID using FIX for HKIDR
The FIX Trading Community is pleased to highlight new recommendations on how firms can communicate a BCAN (Broker-to-Client Assigned Number) using standard FIX fields for the Hong Kong ID regime, and an enhanced definition of the FIX user-defined field BCANID(8018). BCANID(8018) Recommended Practices: BCAN ID using FIX for HKIDR This relates to the requirement for...
FIX Standards Achieve ISO Standardization
London, New York, Hong Kong, June 15, 2022: The FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announces that two components of the FIX messaging suite are now ISO standards: ISO 3531-1: FIX TagValue Encoding (https://www.iso.org/standard/81510.html) ISO 3531-2: FIX Session Layer (https://www.iso.org/standard/81511.html) The FIX TagValue Encoding and Session...
FIX Trading Community public consultation on FIX Protocol changes for digital asset trading
The FIX Trading Community has started a public consultation on proposed changes to the FIX Protocol to support the trading of digital assets. These changes leverage existing trading models for other asset classes such as FX and equities, and are intended to provide a common messaging standard for trading this important class of assets. The...
Nordic Trading Briefing 2022 Agenda Announcement
After a 3-year break due to the pandemic, the FIX Trading Community is delighted to publish the agenda for the Nordic Trading Briefing 2022.
Release of Playlist Version 1.0.1
The FIX Global Technical Committee (GTC) announces the availability of Playlist Version 1.0.1, fixing some errors detected in Version 1.0. Please see here for details.
Recommended Practices: BCAN ID using FIX for HKIDR
The FIX Trading Community has issued Recommended Practices describing how to communicate a BCAN (Broker-to-Client Assigned Number) in the Hong Kong market using FIX Fields. This relates to the requirement for orders (or off exchange trade reports) to include an identification code assigned to the relevant client, in order to identify the originators of those...
FIX Trading Community Announces Important Organisational Changes
The FIX Trading Community have today announced two important organisational changes to the FIX Trading Community Program Office. With the appointment of Jim Kaye and Laurence Jones as Executive Director and Regional Director (Americas) respectively. Jim Kaye has been appointed Executive Director with responsibility for all FIX staff, marketing, communications, sales and the day to...