Press Releases

Recommended Practices: BCAN ID using FIX for HKIDR

The FIX Trading Community has issued Recommended Practices describing how to communicate a BCAN (Broker-to-Client Assigned Number) in the Hong Kong market using FIX Fields. This relates to the requirement for orders (or off exchange trade reports) to include an identification code assigned to the relevant client, in order to identify the originators of those orders and trades under the...

FIX Trading Community Announces Important Organisational Changes

The FIX Trading Community have today announced two important organisational changes to the FIX Trading Community Program Office. With the appointment of Jim Kaye and Laurence Jones as Executive Director and Regional Director (Americas) respectively. Jim Kaye has been appointed Executive Director with responsibility for all FIX staff, marketing, communications, sales and the day to day operations of FIX. Many...

FIX Trading Community and Global DCA Agree to Join Efforts in Digital Asset Knowledge Share

London, New York, Hong Kong, 17 May 2021: The FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading and the Global Digital Asset & Cryptocurrency Association (Global DCA), the global self-regulatory association for the digital asset & cryptocurrency industry, each recognize that their complementary efforts can be strategically combined to further promote standardization for trading...

FIX Trading Community releases guidelines for Repo Transactions

London, New York, Hong Kong, 29 October 2020: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, announced today their publication of recommended practices for Trade and Post-Trade Bilateral and Tri-Party Repurchase Agreements (Repos).  These recommended practices were produced to define industry practices for the common usage of FIX messaging for Request for Quote...

FIX Standards submitted for ISO Standardization

London, New York, Hong Kong, 17 August 2020: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, announced today their submission of the FIX session layer standard and the FIX tagvalue encoding standard for standardization, to the International Organization for Standardization (ISO) via Technical Committee TC 68 – Financial Services, Subcommittee 9 – Information...

FIX EMEA Trading Conference – Going Virtual, Going Global

  London, New York, Hong Kong, 9th July 2020: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, announced today that the annual EMEA Trading Conference scheduled for the 18th of September 2020 will be delivered in an immersive virtual format. During these challenging times with respect to COVID-19, the safety of our community...

FIX Trading Community Execution Venue Reporting Recommended Practices

London, New York, Hong Kong, 29 June 2020: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, announced today an updated release of the Execution Venue Reporting Recommended Practice Guidelines. Originally produced by the FIX Trading Community Global Buy Side Committee to address inconsistencies in brokers’ execution venue reporting on fills and the nature...

FIX Trading Community Collaborates with Trade Associations at FIX EMEA London March 2020

Including AFME, AIMA, BVI, EDMA, EFAMA, EVIA, IA, ICMA, and SSDA London, New York, Hong Kong, 7 November 2019: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced that the FIX EMEA Trading Conference on 12th March 2020 will be held in association with a number of Trade Associations for the second...

Asia Pacific – HK SFC consent to allow facilitation trades – Recommended Practices

In February 2018 the HK SFC published a circular specifying that prior consent was required from clients before facilitation trades could be executed by HK licensed firms. The recommended practice document represents the proposed solution for facilitation trade consent.  Please click here to access the document.

MOST (Monitoring, On-boarding and Software Testing) Working Group

MOST working group will focus on developing recommended practices for monitoring, on-boarding and software testing of FIX related financial applications, as well as, develop technical guidelines to measure quality and reliability of platforms. The group seeks specialists primarily involved in technology with skills in software development, monitoring, onboarding and testing. Additionally, the group will collaborate with the FIX Orchestra Working...

FIX Trading Community expands its presence into Post-Trade Processing

Responding to industry calls for further standardisation London, New York, Hong Kong, July 24th 2019: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the launch of a new set of message types to further support periodic future payment management in the post-trade space. The process for periodic payments and cash flow...