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High Performance FIX for the Web Era – White Paper

The Fintech revolution spawned by alternative payment mechanisms and the creation of cryptocurrencies and Initial Coin Offerings (“ICO”) has produced a proliferation of new web-based systems. Firms attempted to bridge the gap with REST APIs that software developers are familiar with, but a synchronous request/response architectural style is a poor fit for bidirectional communications needed...

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Sharing FIX Resources in GitHub

The Village Green Three years ago, the Global Technical Committee decided to open up FIX technical efforts to a wider audience. We wanted to expand awareness of FIX protocols among software developers in the financial industry, and also to solicit their input and contributions. GitHub is the village green for software developers throughout the world,...

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FINRA to Change to FIX Execution Time Trade Reporting

Effective Monday, August 20, the Financial Industry Regulatory Authority will require a change to all FIX trade reporting related to the processing of execution time during Daylight Savings Time (DST) changes. This update affects firms’ transaction reports for all FINRA Multi Product Platform products (MPP), including TRACE, the OTC Trade Reporting Facility (ORF), and The...

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Holiday Greetings from the GTC

We would like to wish you all happy holidays and season greetings from the FIX Global Technical Committee leadership. The main FIX holiday mailing listed the accomplishments of the Global Technical Committee (“GTC”), so we have chosen to look forward to 2018. May your stockings be full of MiFID II Compliance using the enhancements to...

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New Extension Packs published for MiFID II enhancements

In our continuous efforts to enhance the FIX standard to support MiFID II, EP237 (MiFID II and MiFIR Extensions Part 4) and EP238 (ESMA RTS 2 Segmentation Criteria) have been officially published to the Extension Pack page. Additionally EP239 (AllocationInstructionAlertRequest Proposal) has also been published, introducing a new FIX message type. FIXimate is updated to...