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.
Asia Pacific
Recommended Practices: BCAN ID using FIX for HKIDR
205.43 KB
53 downloads
May 5, 2022
The FIX Asia Pacific Technical Subcommittee recommends how to communicate a BCAN...
Asia Pacific Equities IOI Charter
425.32 KB
32 downloads
December 10, 2020
A collective of industry associations, ASIFMA, Quorum 15, Asia TraderForum, the FIX...Recommended Practices: Hong Kong - Master SPSA
364.82 KB
28 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
337 downloads
May 13, 2019
Approved-V0.5: Recommended Practices, produced by the Asia Pacific Exchanges &...CAT NMS Plan – Consolidated Audit Trail
Errata: Recommended Mapping CAT Phase 2A (equities)
133.99 KB
32 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
319 downloads
January 2, 2020
2020/01/02 - CAT-FIX Mapping Phase 2A (Equities) messages to FIX messages based on...Execution Venue
FIX Execution Venue Reporting Best Practice Guidelines
439.75 KB
1590 downloads
July 22, 2020
Defines the usage expectations for the FIX fields that describe the final destination...Shanghai/Hong Kong Connect: ASIFMA & FIX Trading Community Implementation Guide
513.94 KB
592 downloads
April 10, 2015
Shanghai-Hong Kong Stock Connect, also known as Mutual Market Access or the "through...Recommended Practices for the use of FIX by Exchanges Phase 1
860.54 KB
2018 downloads
January 25, 2007
Provides recommendations for best practices for the usage of FIX by exchanges and...Fixed Income
Best Practices for Bonds
9.66 MB
1058 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
663 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
454 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
480 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
463 downloads
August 14, 2013
Defines a standard set of guidelines based on Party Reference Data messages for exchanging...Foreign Exchange
Recommended Practices for Party Entitlements - FX OTC Markets
2.37 MB
773 downloads
April 30, 2014
Defines a standard set of guidelines based on Party Reference Data messages for exchanging...IPO
IPO Recommended Practices/Guidelines
396.55 KB
469 downloads
January 28, 2015
Creates a practice that would bring the new issue order placing process in line with...Market Data
Recommended Practices for Book Management
899.00 KB
185 downloads
March 22, 2017
Version 2.0 - This document explains the proper conventions for managing an order...FPL Recommended Standards for the Consolidation of Trade Reports and Market Data in Europe
727.60 KB
556 downloads
February 6, 2017
This document details the recommended standards for the consolidation of trade reports...MiFID
Please click here to view all MiFID related documentation.
Post Trade
Post Post-trade Confirmation Payments Recommended Practices
1.37 MB
259 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
546 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
342 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
1926 downloads
May 28, 2016
Addresses the FIX Protocol for FX Placement, Allocation, and Confirmation/Affirmation...Qualified Vendor via FIX - Recommended Practices
777.79 KB
323 downloads
May 19, 2016
Includes the FIX Recommended Practices for interfacing with DTC Qualified Vendors.
...Equity Swaps via FIX - Recommended Practices
1.46 MB
686 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
752 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
921 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
371 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
716 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
638 downloads
April 27, 2015
Defines industry guidelines for a common usage of the FIX Protocol for post-trade...Pre Trade
Recommended Practices for Continuous Mass Quoting v1
190.31 KB
415 downloads
July 10, 2007
Aims to be a guide to implementing the Mass Quotation function for equities, listed...Repos
FIX Recommended Practices - Bilateral and Tri-Party Repos - Post-Trade
626.17 KB
150 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
139 downloads
April 26, 2020
The purpose of this document is to define industry practices for common usage of...Risk Management
Recommended Risk Control Guidelines (2012)
306.50 KB
504 downloads
January 1, 2012
Provides information around risk management and encourage firms to incorporate best...Transaction Cost Analysis
TCA Best Practices for Equities_including IA comments
1.03 MB
527 downloads
January 20, 2017
Further refines ongoing TCA requirements across asset classes. The common goal is...TCA Best Practices for Equities
1.04 MB
982 downloads
January 21, 2014
Develops industry-wide terminology and methodology for Equities, from pre-trade to...