🗓 Date: Thursday, 4 December
🕟 Time: 4:30–5:30 PM (GMT+8)
📍 Location: Zoom Webinar

Join FIX APAC for a timely and forward-looking discussion on the future of fixed income and FX markets in Hong Kong. With the SFC and HKMA outlining strategic initiatives to strengthen Hong Kong’s role as a regional FI/FX trading hub, this session will touch on drivers towards a creating vibrant FI and FX markets in Asia and what next-generation FIC trading platforms may look like.

Key Topics Include:
– Efficient price discovery mechanisms
– Connectivity to diverse liquidity pools
– Data and analytics to support best-execution and regulatory oversight
– Use of best practice and building on industry standards.
– Implementation steps towards a NextGen FIC trading platform

Speakers:
– State Street – Jay Hurley (Head of eFX APAC)
– LSEG – Soo Chin Tan (Head of FX Sales, APAC)
– Bloomberg FI Team – Harry Street (Global Head of Credit Electronic Trading)
– Tradeweb – Philipp Sterner (Co-Head Asia Sales)

Whether you’re a market participant, technologist, or policy stakeholder, this webinar offers a unique opportunity to engage with the evolving landscape and help shape the future of FIC trading in Asia.

Registration:
https://us02web.zoom.us/webinar/register/WN_bzQc4oDPSi60JwcR9_q-dg

Enquiry: barbara.law@fixtrading.org

2020/01/02 – CAT-FIX Mapping Phase 2A (Equities) messages to FIX messages based on CAT Reporting Technical Specifications for Industry Members Version 2.2, dated 24th June 2019.

Errata Version: Click here to view the Errata Version of the CAT-FIX Mapping Phase 2A (Equities)

Recommended practices are produced to address specific implementation topics at the semantics or application level. These are produced by various committees or working groups, and reviewed by the Global Technical Committee and the FIX Trading Community members prior to official publication.

Describes the common framework for cross-asset buy-side to sell-side workflow for post-trade processing.  Note that pre-trade allocation is within the scope of post-trade processing.

Addresses the post-trade workflow for futures and options on futures via FIX.

Focuses on the buy-side to sell-side workflow for trades executed on a SEF utilizing a pre-trade allocation workflow as opposed to “bunched” trades.

Contains examples associated with Equity Post-trade Processing via FIX, Guidelines, FIX 4.2, 4.4-V1.2.

Defines industry guidelines for a common usage of the FIX Protocol for post-trade processing between buy-sides and sell-sides that can be used bi-laterally as well as through intermediary facilities.
UPDATE: 20171003 – Includes MiFID II recommended practices for post-trade commission unbundling and representation of commission types.

Creates a practice that would bring the new issue order placing process in line with the same procedure used for secondary market orders and trade fills.

Support for the following workflows has been included as part of Phase 3 of the swaps best practices: recommendations to support the new regulations for SEFs; mid-market mark, US vs. non-US person, block trades, required vs. permitted transactions, etc., guidance on how to send tiered prices i.e. different prices for the same instrument to multiple customers, guidance on sending ‘Axes’ to indicate if you are a better buyer or seller, guidance on how to run auctions and how to support workups, support for stop orders, iceberg orders and peg orders and messaging from the execution venue to the dealer to confirm if a trade has been cleared.