The Investment Management Working Group (IMWG) had been set up to support other streams within the FIX Trading Community and to encourage buy-side involvement at the annual conference. As a group, we identified three main topics: the automation of IPOs, application of FIX for fixed income and execution venue reporting for equities. (See article on page 4, Q1 2014, Issue...
Updated News from the FIX Trading Community
Please see below the details of the latest Extension Packs that have been released.
EP236 – This extension pack addresses the gaps in the FIX Protocol Application Layer related to MiFID II RTS 28 and best execution reporting requirements.
EP235 – This extension pack addresses the gaps to the FIX Protocol Application Layer standard to meet the requirements for ESMA RTS 2 and RTS 23 which specifically addresses the data standards and formats for financial instrument reference data.
EP234 – This extension pack extends the FIX Protocol to support a new attribute to the various allocation repeating components allowing for identification of the leg of a multileg order or trade.
FIX Trading Community: Shaping the Future of Trading
FIX in the News
The European Commission last week extended the deadline for implementing the updated version of its pan-European Markets in Financial Instruments Directive, known as MiFID 2, until Jan. 3, 2018, with industry sources blaming the challenges of dealing with the complexities of MiFID 2’s data transparency, storage and reporting requirements as the reason for the delay. For the full article, please...
The FIX protocol, like many other computer protocols, has always been a domain of techies. They are the ones to set up new FIX connections and ‘certify’ them by complying with FIX rules of engagements of counterparties before the users – traders in the case of FIX connections – start to trade over them after minimal testing. For the full...
With Christian Krohn, Managing Director, Head of Equities, AFME, and Matthew Coupe, Director Market Structure, Barclays and FIX Trading Community EMEA Regulatory Subcommittee Co-chair. For the full article, please click here.