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TNS Partners with Blue Ocean Technologies to Expand US Stock Trading Footprint | TNS – Payment, Telecoms & Financial Data Solutions (tnsi.com)

Global network and Infrastructure-as-a-Service pioneer Transaction Network Services (TNS) today announced a partnership with Blue Ocean Technologies (BOT), owner and operator of the Blue Ocean ATS, a global alternative trading system (ATS) that operates from 8pm to 4am EDT. Blue Ocean ATS will leverage TNS’ robust network backbone and dark fiber to accommodate its increasing...

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IFLR: Derivatives consolidated tape might help with FRTB

IFLR: Derivatives consolidated tape might help with FRTB Thomas Helm, senior journalist at IFLR, explores the ongoing debate on the potential implementation of a derivatives consolidated tape. While there is currently limited support in the industry for this measure, it may help banks with the internal models approach (IMA) under Fundamental Review of the Trading...

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Finalisation of Recommended Practices: BCAN ID using FIX for HKIDR

  The FIX Trading Community is pleased to highlight new recommendations on how firms can communicate a BCAN (Broker-to-Client Assigned Number) using standard FIX fields for the Hong Kong ID regime, and an enhanced definition of the FIX user-defined field BCANID(8018). BCANID(8018) Recommended Practices: BCAN ID using FIX for HKIDR This relates to the requirement for...

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Recommended Practices: BCAN ID using FIX for HKIDR

The FIX Trading Community has issued Recommended Practices describing how to communicate a BCAN (Broker-to-Client Assigned Number) in the Hong Kong market using FIX Fields. This relates to the requirement for orders (or off exchange trade reports) to include an identification code assigned to the relevant client, in order to identify the originators of those...

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FIX Trading Community Announces Important Organisational Changes

The FIX Trading Community have today announced two important organisational changes to the FIX Trading Community Program Office. With the appointment of Jim Kaye and Laurence Jones as Executive Director and Regional Director (Americas) respectively. Jim Kaye has been appointed Executive Director with responsibility for all FIX staff, marketing, communications, sales and the day to...

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Best execution post-RTS 27: Building consensus in the industry

REGULATION December 23, 2021 12:03 PM GMT The removal of RTS 27 execution reports does not negate the importance of best execution, and with the expected regulatory divergence between the UK and EU markets, greater collaboration among market participants to agree on standards is of paramount importance. By Charlotte Decuyper With greater divergence between EU and UK...

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The Industry Asks… Quickfire Questions On FIX Latest Standard

With Emma Quinn, Global Co-Head of Equity Trading, AllianceBernstein, and Hanno Klein, FIX Technical Director As part of series of articles by members of the FIX Trading Community, AllianceBernstein’s Global Co-Head of Equity Trading, (and Chair of the FIX Trading Community’s Board of Directors), Emma Quinn, quizzes FIX Technical Director, Hanno Klein, on just what...