To get a good deal in fast-moving FX markets, buy-side firms need to know the time. Some of them don’t Flavor Flav, the hype man for hip-hop superstars Public Enemy, famously wore a large clock around his neck, so he knew what time it was. He would not have been a success in modern foreign...
Author: FIXTrading Community (FIXTrading Community)
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FIXing the Industry: FIX Trading Community Talks Outsourced Trading, Post-Trade and New Initiatives in Boston
Last week at the FIX Trading Community’s Americas Trading Briefing in Boston, broker-dealers, asset managers and vendors came together at an event hosted by State Street Global Markets to discuss key issues facing the financial services industry. Three panels convened, with topics ranging from the rise of outsourced trading to the FIX protocol’s role in...
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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...
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EU market changes tune on consolidated tape
Published 30 Oct 2019 Author: Alice Tchernookova Subscribe to read the full article here
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AI Finds a Role as ‘Collaborative Intelligence’ Models Come to Life
On October 3rd, FIX Trading Community along with RBC Capital Markets will host the New York Regional Meeting. This evening event provided delegates with a regional update, followed by a panel debate and close with networking drinks. The panel topic was ‘The Growing Impact of Artificial Intelligence (AI) in Financial Services’. “None of us here believe...
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The Consolidated Tape – It’s not easy but without standards it is impossible
Earlier this year at the FIX EMEA Trading Conference, Keynote Speaker Verena Ross, Executive Director, ESMA, discussed the fact that ESMA would be reopening the discussion around the need for quality market data and data standards. Since no consolidated tape provider had naturally emerged, ESMA would revisit the subject and if necessary, would look to mandate...
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Brexit Working Group
Addresses potential changes related to a no-deal Brexit scenario to address trade reporting and Share Trading Obligations (STO) across EU and UK domiciles. • STO Indicator • SI Jurisdiction • Reported Jurisdiction Please click here to view the guidelines. FIX has produced several Extension Packs to address the gaps identified for Share Trading Obligations (STO)....
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Concepts-Part5-Service-Offerings-And-Session-Configurations
Orchestra Concepts Part 5: Service Offerings and Session Configurations The Orchestra Interfaces schema provides a standardized way to specify service offerings and configure sessions for connectivity. Overview Every system that allows customers or partners to connect uses some stack of communications protocotols. Those protocols must be specified to the peers in order to establish connectivity....
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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.
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Concepts-Part5-Service-Offerings-And-Session-Configurations
Orchestra Concepts Part 5: Service Offerings and Session Configurations The Orchestra Interfaces schema provides a standardized way to specify service offerings and configure sessions for connectivity. Overview Every system that allows customers or partners to connect uses some stack of communications protocotols. Those protocols must be specified to the peers in order to establish connectivity....