We learned last week that the ISO Technical Management Board (ISO TMB) that has approved Jim Northey, the FIX Global Technical Committee Co-chair representing the Americas, as the next ISO TC68 Chair. Jim previously served seven years as FIX Americas Regional Committee Co-chair and was the initial Chair of the Global Derivatives Committee. Jim will serve as ISO TC68 Chair Elect in 2018...
FIX in the News
September 9, 2017January 21, 2023
MiFID II ‘Best Ex’ to Spread Globally – MarketsMedia article
The enhanced requirements to evidence best execution under new European Union regulations will spread to the US and Asia as clients will demand more detailed pre-trade and post-trade data. Under MiFID II, the regulations coming into force in the EU at the beginning of next year, an investment firm must take “all sufficient steps” to obtain the best possible result...
August 22, 2017January 21, 2023
Coming to a city near you soon – Linked In post
The FIX Trading Community is well known for its work in the world’s major financial centres and has been steadily working away in these regions with the aim to harmonise the financial industries globally. Events play a key role in our efforts to bring communities together, and this year has been busier than ever with events throughout the US, Europe,...
July 16, 2017January 21, 2023
Fixed income trading focus | Beyond MiFID II – Best Execution article
Sassan Danesh, Co-Chair, OTC Products Committee, FIX Trading Community outlines what he sees are the priorities for buyside global heads of trading in a post-MiFID II landscape. With preparation for MiFID II now well and truly underway, this article looks at three trends that will likely pre-occupy buyside trading desks in 2018 once MiFID II implementation is out of the...
July 11, 2017January 21, 2023
MiFID II: The debate is over, now is the time for action – Bobsguide article
On 29th June, the FIX Trading Community held its summer London regional event kindly hosted by BNP Paribas, bringing together market participants to debate hot topics affecting the industry. And of course, there is nothing more pressing at the moment than the looming MiFID II deadline. The evening started off with an update from some of the FIX MiFID II...
July 7, 2017January 21, 2023
FIX Orchestra, the Full Stop at the End of FIX and What That Means for You
June 13, 2017January 21, 2023
Developments In The World Of FIX – Global Trading article
Now that Quarter 1 is ticked off the calendar, of course the countdown continues in earnest to January 2018 and the go-live date for MiFID II compliance. Read more hereNow that Quarter 1 is ticked off the calendar, of course the countdown continues in earnest to January 2018 and the go-live date for MiFID II compliance. The FIX MiFID working...
June 6, 2017January 21, 2023
Simple Binary Becomes A FIX Standard – Global Trading article
SBE has led to both a technical and an organizational revolution for FIX and is increasingly being adopted throughout the financial industry. For the full story, please click here.
May 30, 2017January 21, 2023
Professional Standards Within The Electronic Trading Industry – Global Trading article
As the speed and complexity of automation rises, market participants have a duty to ensure that they pursue and maintain best practices. Most professions have a set of ethics that guide behaviour – think of the Hippocratic Oath for doctors. In the absence of similar guidelines for our occupations in the hectic world of electronic trading, the Code of Ethics...
May 5, 2017January 21, 2023
Fixed-Income Trading Operations Catch Up – Intelligent Trading Technology article
Fixed-income trading operations may be as much as 15 years behind equities trading operations, but they are catching up quickly, according to executives in the field who spoke at the FIX Trading Community’s Americas Trading Briefing in New York on April 26. “All the advancements in technology, the transfer of information and the execution of orders electronically are all in...
May 2, 2017January 21, 2023
FIX Orchestra – Best Execution article
Anyone that has worked with the FIX Protocol will appreciate that, whilst it is a technical protocol, the human interaction in configuration, testing and certification of a FIX connection is absolutely vital. The protocol itself was borne out of a business need over 20 years ago by traders and technologists with an explicit requirement to make communication between investment firms...
May 2, 2017January 21, 2023
Industry Looks to Formalize FIX Ecosystem – Markets Media article
The English prose specifications published by the FIX Trading Community for its engine are being translated into mathematically precise language in order to encourage the industry to formalize the rules and algorithms that run increasingly complex financial markets. The FIX family of standards is run by the non-profit FIX Trading Community, whose members represent all types of participants in financial...