London, New York, Hong Kong, 7th March 2018: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced that it will be celebrating the 10-year anniversary of the EMEA Trading Conference on 15th March 2018. This year high on the list of topics to discuss are: MiFID II – Month 3, What Have We...
FIX Trading Community to celebrate 10-year anniversary of EMEA Trading Conference in March 2018
March 5, 2018January 21, 2023
How FIX is changing post-trade FX for the sell-side – JD Supra article
Post-trade FX activities have been dramatically simplified by the FIX interface, allowing sell-side participants to navigate challenges such as liquidity fragmentation and to reduce total cost of ownership (TCO). The FIX protocol has been widely used in equity and fixed income, but is now increasingly popular, and powerful, in the FX world. Recent FX developments, such as MiFID II and...
February 27, 2018January 21, 2023
FIX Protocol Enables Pre-Trade Allocation – Global Trading Article
Regulators should recognise the properties of the FIX protocol in their discussions about the merits of introducing pre-trade allocation rules. By Damian Bierman, Global Co-Chair, Asia Pacific Technical Committee, FIX Trading Community, and Head of Asia-Pacific, Portfolio Management & Trading Solutions, FactSet There are already established standards and processes in place for buy-side firms to communicate share allocations to their...
February 27, 2018January 21, 2023
FIX Trading Community FIX EMEA: Ten years of bringing the industry together – bobsguide article
Ten years ago the markets were in the middle of a significant downturn. As of March 2008, the FTSE 100 was at 5776 and the Dow 30 was at 14,237. Both indices had more pain to come, as the full extent of the financial crisis came to light. Of course, after a storm there is a period of reflection and...
January 29, 2018January 21, 2023
FIX Releases Cybersecurity Guidelines – Waters Tech article
The FIX Trading Community released new cybersecurity guidelines for FIX-over-TLS (FIXS) standards after concerns were raised over the vulnerability of the Financial Information Exchange (FIX) protocol. FIX—a standard messaging language for most asset classes—set up a subgroup of the Cybersecurity Working Group to develop technical standards for using the Transport Layer Security (TLS) protocol. Discussions started in 2015 with the...
January 24, 2018January 21, 2023
MIFID II Data Deluge: Why We Need to Collaborate – Best Execution Article
It is now over 2½ years since the first meetings were held by a number of different FIX working groups to review MiFID II topics with the aim of providing guidelines and best practices for market participants. What has become clear since those first calls, was that many participants on the calls were also participating in other working groups with...
January 24, 2018January 21, 2023
FIX Trading Community releases guidelines to help firms meet cybersecurity requirements
London, New York, Hong Kong, 24th January 2018: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the release of the FIX-over-TLS (FIXS) standard and guidelines to assist users of the FIX Protocol meet certain security requirements. FIXS is part of a larger programme of work that the FIX Trading Community initiated...
January 4, 2018January 21, 2023
Has the financial services landscape already changed following MiFID II implementation? – bobsguide article
With any and all significant legislation, the industry have voiced their opinions on MiFID II as the deadline came and went. The concerns, challenges and expectations from various industry leaders have been collated below. Yesterday, January 3, marked the seven year wait for the sequel legislation that builds upon the groundwork laid out by the Markets in Financial Instruments Directive...
December 22, 2017January 21, 2023
Holiday Greetings from the GTC
We would like to wish you all happy holidays and season greetings from the FIX Global Technical Committee leadership. The main FIX holiday mailing listed the accomplishments of the Global Technical Committee (“GTC”), so we have chosen to look forward to 2018. May your stockings be full of MiFID II Compliance using the enhancements to FIX. Remember you can use...
December 21, 2017January 21, 2023
Simple Binary Encoding for high performance market data interfaces – Automated Trader article
The FIX Trading Community realised that its message encoding was no longer fit-for-purpose for high-performance trading. It came up with the Simple Binary Encoding (SBE) standard to balance the needs of latency versus bandwidth utilisation. We look at how the market data interfaces at the CME Group were implemented with SBE. Nowadays, a large proportion of trading decisions are made...