Outlook 2026: Jim Kaye, FIX Trading Community

What was the highlight of 2025?

FIX was, as always, busy on many fronts around the world in 2025, but one area that brought a long-term piece of work to fruition was the publication of our recommended practices for the European Consolidated Tape.

The new recommended practices were the result of years of work with hundreds of industry participants. For years we have been working toward the launch of the consolidated tape, knowing it would an ideal moment to correct some systemic issues that have been dragging on European markets for decades. This publication of these marks the culmination of a huge cooperative effort and I’m very proud of the work that so many people have done to bring us to this point.

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