Insiders of the electronic trading world are warning that the threat of cyber criminals to their industry is steadily increasing and that now is the time to collaborate on how best to protect their businesses. For the full article, please click here.

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...

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...