MMT
Market Model Typology
The MMT (Market Model Typology) Initiative is a collaborative effort established by a broad range of industry participants (trading/reporting venues, data vendors and buy/sell side participants). The initiative is committed to achieving a practical and common solution for standards on post-trade data across all asset classes subject to MiFID II. The initiative unites a variety of industry participants in the basic belief that we can and should act without any further delay to improve the consistency and comparability of data from different sources.
To achieve this goal, we have developed the Market Model Typology (MMT) project, which found its original inspiration in the 2010 CESR Technical Working Group recommendations. The latest MMT version delivers an efficient operational solution for fulfilling trade flagging requirements raised in MiFID II RTS 1 and RTS2. The model is available for immediate adoption and can be used by vendors and clients. In addition to the work on standards for RMs and MTFs, we continue to attract wide-ranging industry support for the standards and are working to expedite their broad implementation, notably to define OTC trading reporting rules.
In order for the MMT standards to become more widely recognised and adopted, in 2013 the MMT Steering Committee voted to bring the initiative under the jurisdiction of the FIX Protocol Limited Trust (Trust). With its long-established and respected values and governance standards, the Trust will oversee the management and development of the standard.
If you have any questions regarding the MMT or would like to submit technical changes (please use the downloadable MMT Change Request submission form, see below), please email: mmt@fixtrading.org
Use the following link to watch an MMT 101 video.: https://youtu.be/OlE9kiTK770
Documents
Click the below links to access more detailed information.

MMT Initiative Presentation v3.04 685.87 KB 2149 downloads November 29, 2017
An introductory presentation to the Market Model Typology initiative.v3.04
MMT Model Version 3.04
MMT Model Version 3.03
MMT Model Version 3.02
MMT Model Version 3.01
MMT Model Version 2.2
MMT Model Version 2.0




MMT Initiative Mapping Matrix v2.0 40.00 KB 221 downloads December 16, 2012
MMT Initiative Mapping Matrix v2.0
MMT Model Version 1.1 Mapping Guide







MMT Initiative Trade Flag Mapping Guide v1.02 1.82 MB 296 downloads February 16, 2017
Version 1.02
MMT Model Version v1.0
Resources
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Below please find links to MMT related extension packs. Extension Packs are created as a result of FIX community market-driven initiatives that have undergone a thorough public review process.