FIX Trading Community, the non-profit standards body, aims to make it easier for the financial industry to use environmental, social and governance data as asset managers could spend roughly $554m ($515m) for ESG data next year. Rebecca Healey, Liquidnet Rebecca Healey, global head of market structure & strategy at Liquidnet and co-chair of the FIX...
Author: FIXTrading Community (FIXTrading Community)
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FIX to Publish New Equities Data Standard
FIX Trading Community, the non-profit standards body, aims to distribute new data flags for equities in the second quarter which could be integrated in a consolidated tape and create a golden source of European data. Graham Dick, FIX co-chair for consolidated tape working group and chief executive of Aquis Exchange Europe in Paris, told Markets...
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ESG: The Top 10 things traders need to know
ESG (Environmental, Social, and Governance) is rapidly becoming the key topic of 2019. News that the European Commission has now formally incorporated new legislation on sustainability disclosures1 will only speed up adoption of ESG factors within the investment process. Asset managers will not only be required to integrate and disclose sustainability risks within their portfolios...
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Taking no Prisoners – the Cybersecurity Threat to Financial Services
Cybersecurity threats, not surprisingly, continue to be top of capital markets agenda but they are becoming increasingly difficult to thwart. They are not only growing in number but also in sophistication. Cutting edge technology is a critical part of the defence but both buy and sell-side firms must also bolster their organisational frameworks as well...
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A COVID-19 and FIX Trading Community Update
In the current climate of instability and growing concerns regarding COVID-19 Coronavirus, the FIX Trading Community has decided to postpone a series of events. Protecting the health and well-being of our members, delegates and staff is of the utmost importance; we apologize for any inconvenience this may cause. Educating our community and providing high quality...
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ICE Expands ETF hub with FIX connectivity and multi-asset trading
ICE has rolled out a FIX API (application programming interface) to allow authorised participants to connect to the ETF Hub platform to manage create/redeem orders in an automated way. To read the full article, click here.
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The Down-low on Digital Currency
Everybody has heard about Bitcoin by now. It was the first cryptocurrency to go mainstream, but others are fast growing in popularity. There could be more than 1800 different types of cryptocurrencies in existence, and more are being developed every day. So how do we ensure digital currencies are safe? Please click here to view...
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FINRA recommends FIX Protocol as replacement for CTCI clients
FIX Protocol replaces Computer to Computer (CTCI) for reporting to Trace and Over- the -Counter Reporting (ORF) effective February 3, 2020. The final production test is January 11, 2020. Any questions regarding this notice should sent to FINRA Product Management or call (866)899-2107. Please click below for details: https://www.finra.org/filing-reporting/orf/final-2019-ctci-migration-production-test-trace-and-orf
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FIX Extension Packs
Recent extensions to the protocol, initiated by working groups, have completed Global Technical Committee review and approval and have been published on the website, please click here. The below extension packs add new functionality to the standard and are available for download. EP250 – Share Trading Obligation Extension (Brexit Working Group) EP251 – APAC Client...