FIXatdl: The New Frontier

Published by: Global Trading | 16th March 2021 FIXatdl: The New Frontier It’s been more than ten years since FIXatdl™ had its last upgrade. FIXatdl version 1.1 (released in 2010), achieved its main objective: standardizing the specification of algorithmic order types into a machine-readable XML format. Its scope covers pre-trade analytics, order build workflow, local validation, and finally, submission of...

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ESG in 2021

Post the Biden victory and now the release of updated European Sustainable Finance Disclosure regulation, capital markets are gearing up for the new mantra that “Green is Now Good”. This is the very concept discussed at FIX EMEA 2020 back in September – ESG is no longer a fringe concept but now an integral part of the larger investment ecosystem....

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Industry Bodies Publish APAC Charter for Indication of Interest Issuers

Published by: Regulation Asia| 10th November 2020 ASIFMA, Quorum 15, Asia TraderForum, the FIX Trading Community and their members have established a consistent approach for issuing Indications of Interest. A collective of industry associations have together launched The Asia Pacific IOI Charter, providing guidance for all market participants who issue Indications of Interest (IOIs) and the recipients that react to...

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The long journey to frictionless electronic trading

Published by: The Trade News|28th October 2020 By: Kevin Houstoun Having been instrumental in the development of the Financial Information Exchange (FIX) Protocol, chairman of Rapid Addition and director at FIX Protocol Ltd, Kevin Houstoun, provides a brief history of the industry’s messaging standard. Thinking about how integral FIX protocol has become to electronic trading, it’s interesting to reflect on...

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Making Markets Transparent

Trading generates large amounts of data. To ensure the quality is on par with the quantity, the Swiss Stock Exchange is actively involved in data standardisation initiatives. One such initiative is the MMT – short for Market Model Typology – which facilitates compliance with MiFID trade flagging obligations. Industry efforts to promote common standards for post-trade data across asset classes...

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Imperfect Pitch – Exactpro – Leadership – Sibos 2020

This video was prepared for the Sibos 2020 Discover Perfect Pitch competition. We hope it might be useful for people genuinely interested in FinTech, software quality and reliability. This video focuses on some very real quality assurance controversies. It contains no political message, although we might have been inspired by several real public figures and their speeches in the news...

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Post COVID-19: What’s Next for ESG?

Published by: Global Trading|2nd September 2020 By Rebecca Healey, Co-Chair EMEA Regional Committee & EMEA Regulatory Subcommittee, FIX Trading Community ESG is no longer a fringe concept. A year ago it was highlighted that more than 70% of investment firms had a commitment to incorporate ESG across all investment products – the rising pandemic along with the Black Lives Matter movement...

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FIX Standards Submitted for ISO Standardization

PUBLISHED by: FINEXTRA 19 August 2020 FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, announced today their submission of the FIX session layer standard and the FIX tagvalue encoding standard for standardization, to the International Organization for Standardization (ISO) via Technical Committee TC 68 – Financial Services, Subcommittee 9 – Information Exchange (ISO...

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