Recommended Practices
FIX Recommended Practices are produced to address topics relating to the usage or implementation of FIX Standards for specific scenarios. They are produced by various committees or working groups, are reviewed by the Global Technical Committee prior to official publication, and are subject to public review. These are intended to provide supplemental guidance to the FIX Standards.
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. Note some documents may be listed under multiple headings to aid navigation. MiFID-related documentation can be found here.
By Region
Americas
Errata: Recommended Mapping CAT Phase 2A (equities)
133.99 KB
34 downloads
November 21, 2020
2020/11/19 - Errata version of CAT-FIX Mapping Phase 2A (Equities) messages based...Recommended Mapping CAT Phase 2A (equities)
132.01 KB
320 downloads
January 2, 2020
2020/01/02 - CAT-FIX Mapping Phase 2A (Equities) messages to FIX messages based on...Asia Pacific
Recommended Practices: BCAN ID using FIX for HKIDR
205.43 KB
158 downloads
May 5, 2022
The FIX Asia Pacific Technical Subcommittee recommends how to communicate a BCAN...
Recommended Practices: Hong Kong - Master SPSA
364.82 KB
30 downloads
November 19, 2020
(Master) SPSA (Special Segregated Account) IDs were introduced by HKEx for the sole...Recommended Practices: Hong Kong SFC Facilitation Trade Consent
993.74 KB
339 downloads
May 13, 2019
Approved-V0.5: Recommended Practices, produced by the Asia Pacific Exchanges &...By Function
Pre Trade
Recommended Practices for Book Management
899.00 KB
198 downloads
March 22, 2017
Version 2.0 - This document explains the proper conventions for managing an order...Recommended Practices for Continuous Mass Quoting v1
190.31 KB
418 downloads
July 10, 2007
Aims to be a guide to implementing the Mass Quotation function for equities, listed...Trading
IPO Recommended Practices/Guidelines
396.55 KB
473 downloads
January 28, 2015
Creates a practice that would bring the new issue order placing process in line with...Recommended Practices for the use of FIX by Exchanges Phase 1
860.54 KB
2024 downloads
January 25, 2007
Provides recommendations for best practices for the usage of FIX by exchanges and...Post Trade
MiFID II Transparency Subgroup - Brexit Impact
108.54 KB
258 downloads
September 30, 2019
UPDATE: January 28, 2020
FIX tags for the purpose of MiFID II post trade transparency...Post Post-trade Confirmation Payments Recommended Practices
1.37 MB
273 downloads
August 14, 2019
Document defines industry practices for common usage of the FIX Protocol for post-trade...Broker Allege and Asset Manager Confirm Request via FIX - Recommended Practices
423.14 KB
550 downloads
February 1, 2018
This document defines industry practices for common usage of the FIX protocol for...Equity Options via FIX - Recommended Practices
549.65 KB
348 downloads
January 30, 2018
Defines industry practices for usage of the FIX standard to facilitate parallel implementation...FX via FIX - Recommended Practices
1.94 MB
1935 downloads
May 28, 2016
Addresses the FIX Protocol for FX Placement, Allocation, and Confirmation/Affirmation...Qualified Vendor via FIX - Recommended Practices
777.79 KB
327 downloads
May 19, 2016
Includes the FIX Recommended Practices for interfacing with DTC Qualified Vendors.
...Equity Swaps via FIX - Recommended Practices
1.46 MB
693 downloads
April 12, 2016
Addresses the two primary post-trade workflow types or equity swaps between the buy-side...Common Framework via FIX - Recommended Practices
1.02 MB
756 downloads
March 11, 2016
Describes the common framework for cross-asset buy-side to sell-side workflow for...Futures via FIX - Recommended Practices
1.47 MB
930 downloads
February 8, 2016
Addresses the post-trade workflow for futures and options on futures via FIX.
...SEF_FX_FI via FIX - Recommended Practices
1.39 MB
375 downloads
May 5, 2015
Focuses on the buy-side to sell-side workflow for trades executed on a SEF utilizing...Equity Allocations Via FIX - Recommended Guidelines FIX 42-44 Examples and Notes
1.18 MB
722 downloads
May 4, 2015
Contains examples associated with Equity Post-trade Processing via FIX, Guidelines,...Equity Allocations Via FIX - Recommended Guidelines v1.2.8
1.68 MB
643 downloads
April 27, 2015
Defines industry guidelines for a common usage of the FIX Protocol for post-trade...Reporting
Errata: Recommended Mapping CAT Phase 2A (equities)
133.99 KB
34 downloads
November 21, 2020
2020/11/19 - Errata version of CAT-FIX Mapping Phase 2A (Equities) messages based...Recommended Mapping CAT Phase 2A (equities)
132.01 KB
320 downloads
January 2, 2020
2020/01/02 - CAT-FIX Mapping Phase 2A (Equities) messages to FIX messages based on...Repos
FIX Recommended Practices - Bilateral and Tri-Party Repos - Post-Trade
626.17 KB
155 downloads
April 26, 2020
This document defines industry practices for common usage of FIX protocol for post-trade...FIX Recommended Practices - Bilateral and Tri-Party Repos - Trade
723.74 KB
144 downloads
April 26, 2020
The purpose of this document is to define industry practices for common usage of...By Asset Class
Equities
Recommended Practices: BCAN ID using FIX for HKIDR
205.43 KB
158 downloads
May 5, 2022
The FIX Asia Pacific Technical Subcommittee recommends how to communicate a BCAN...Recommended Practices: Hong Kong - Master SPSA
364.82 KB
30 downloads
November 19, 2020
(Master) SPSA (Special Segregated Account) IDs were introduced by HKEx for the sole...Recommended Practices: Hong Kong SFC Facilitation Trade Consent
993.74 KB
339 downloads
May 13, 2019
Approved-V0.5: Recommended Practices, produced by the Asia Pacific Exchanges &...Equity Allocations Via FIX - Recommended Guidelines FIX 42-44 Examples and Notes
1.18 MB
722 downloads
May 4, 2015
Contains examples associated with Equity Post-trade Processing via FIX, Guidelines,...Equity Allocations Via FIX - Recommended Guidelines v1.2.8
1.68 MB
643 downloads
April 27, 2015
Defines industry guidelines for a common usage of the FIX Protocol for post-trade...IPO Recommended Practices/Guidelines
396.55 KB
473 downloads
January 28, 2015
Creates a practice that would bring the new issue order placing process in line with...Fixed Income
Best Practices for Bonds
9.66 MB
1069 downloads
January 21, 2015
Focuses on best practices for the cash bond markets, covering the vast majority of...Best Practices for Bonds - Pre-Trade Indications
185.72 KB
666 downloads
December 1, 2014
Defines a standard for the transmission of Indications - Axes Inventories and Runs.
...Best Practices for Swaps (Phase 3)
7.65 MB
460 downloads
May 8, 2014
Support for the following workflows has been included as part of Phase 3 of the swaps...Recommended Practices for Party Entitlement: OTC Markets - Fixed Income Instruments
1.63 MB
482 downloads
November 5, 2013
Provides detailed guidelines for the implementation of party entitlement messages...Recommended Practices for Party Entitlements - OTC Markets - Swaps
4.10 MB
465 downloads
August 14, 2013
Defines a standard set of guidelines based on Party Reference Data messages for exchanging...Futures
Futures via FIX - Recommended Practices
1.47 MB
930 downloads
February 8, 2016
Addresses the post-trade workflow for futures and options on futures via FIX.
...FX
FX via FIX - Recommended Practices
1.94 MB
1935 downloads
May 28, 2016
Addresses the FIX Protocol for FX Placement, Allocation, and Confirmation/Affirmation...SEF_FX_FI via FIX - Recommended Practices
1.39 MB
375 downloads
May 5, 2015
Focuses on the buy-side to sell-side workflow for trades executed on a SEF utilizing...Recommended Practices for Party Entitlements - FX OTC Markets
2.37 MB
774 downloads
April 30, 2014
Defines a standard set of guidelines based on Party Reference Data messages for exchanging...