The Office of Financial Research (OFR) has added relevant parts of the FIX Protocol to its Financial Instrument Reference Database (FIRD). The FIRD, a Dodd-Frank Act requirement, helps to identify where reference data is standardized and where there are inconsistencies. The FIRD now uses data standards – ISO 20022, ACTUS Financial Research Foundation’s data dictionary and FIX – to provide...
Mission Statement
FIX Trading Community is built around clear standards
FIX Protocol is part of the fabric of capital markets. Formed in 1991 at the dawn of electronic trading, FIX connects the global ecosystem of venues, asset managers, banks/brokers, vendors and regulators by standardizing the communication among participants. This is accomplished by following 4 key principles:
- Creating and maintaining robust open standards across the whole ecosystem from pre-trade to market data to settlement.
- Providing advice and counsel to regulatory bodies in a transparent and unbiased way.
- Seeking ways to improve the trading process front to back for the global financial services industry.
- Providing our members with a neutral, collaborative environment to come together through member-driven conferences and other critical forums to promote, support and educate.
Premier Global Spotlight
FIX Trading Community: Shaping the Future of Trading
FIX Trading Community Global Events Schedule 2023
FIX Trading Community News
ESG
Environmental, social, and governance (ESG) investing is an increasingly important aspect of financial markets, but challenges remain, particularly in light of the continued lack of coherent regulatory guidelines and the absence of accurate and consistent data. Please see articles featuring FIX on this topic here. Click “Continue reading…” to read the articles. Best Execution: Sustainable investment hindered by traditional approaches...
Market outages
Ever increasingly complexity and volumes in the market mean that operational resiliency is front of mind for market participants. Here you can find a number of articles on market outages featuring insight from FIX. Click “Continue reading…” to read the articles. Financial News: UK watchdog says LME ‘needs to learn lessons’ after nickel chaos leads exchange to wipe $4bn in...
Trading & market structure
Articles featuring thoughts from members of the FIX Trading Community on trends in trading and market structure, including the rise of bots, the electronification of the fixed income market and the need for better efficiency in equity markets. Click “Continue reading…” to read the articles. The TRADE: Rise of the bots – not there yet, but on the way Bobsguide:...