FIX in the News

FIX has been at the forefront of electronic trading for over two decades now. It is the de facto standard for multi asset trading across the globe. From its earliest incarnation as a protocol for routing orders between market participants, the ethos of collaboration and standardisation has been clear. In the financial industry, it is sometimes rare to see business...

This article describes how the industry is responding to the challenge by creating new front-office tools to process the large volume of electronic data that will become a part of the post-MiFID II world order. It further explores how standardisation and collaboration can reduce the cost of implementation within existing, often heterogeneous front-office environments. For the full article, please click...

The last event in the EMEA region ahead of the long-awaited summer took place at the BT Tower on 6th July. The topic for the evening “Role of Automation in Fixed Income Execution” was not one that people would traditionally associate with FIX. In fact, the panel agreed to change the topic slightly to “Role of Automation in Non-Equities Execution”...

FIX has been at the forefront of electronic trading for over two decades now. It is the de facto standard for multi asset trading across the globe. From its earliest incarnation as a protocol for routing orders between market participants, the ethos of collaboration and standardisation has been clear. In the financial industry, it is sometimes rare to see business...

ESMA new edict on ISINs has split the industry but initiatives are underway to find solutions. However, it will still require a significant infrastructure upheaval for those firms that have never used the unique code. Lynn Strongin looks at both sides. For the full article, please click here.

Standards body FIX Trading Community has announced the release of Simple Binary Encoding (SBE) version 1.0 Draft Standard, a non-proprietary binary message encoding to meet the latency demands of high frequency trading and market data. For the full article, please click here.

As blockchain technology moves into the financial marketplaces, Fund Technology catches up with Ron Quaranta to learn how funds can leverage blockchain technology and what is FIX Protocol engagement in this disruptive technology. For the full article, please click here.

At the recent FIX Regional Event in Paris earlier this month there was one major question to be answered – could CSAs could be used within an RPA?  With every CSA provider trying to shoehorn current offerings into the RPA framework, firms wanted to know not only whether the regulators deem this admissible but, just as importantly, whether this is...

Industry messaging body FIX Trading Community has added support for transmitting MiFID II transaction reports to Approved Reporting Mechanisms to its protocol, announced the group. For the full article, please click here

Initial public and debt offerings can be messy affairs, subject to human error and frailty thanks to the largely manual processes. The UK’s Financial Conduct Authority (FCA) is currently investigating the equity primary market for conflicts of interest amongst dealers, after analysis showed they may give preference to investor clients. For the full article, please click here.

Technology and innovation were the common themes of the 14th Asia Pacific Trading Summit in Hong Kong, as traders and technologists gathered to discuss the issues facing Asian markets. For the full article, please click here.

For those of us in financial services who have been involved in the world of digital currencies and distributed ledgers (also known as a blockchain), 2015 was the year that this innovative technology finally appeared on the radar of every major bank, broker-dealer, exchange and institutional investor. For the full article, please click here.