Committees
The FIX Trading Community is managed by its Global Steering Committee (GSC), made up of the co-chairs of the GSC's committees, all representatives of member firms. These committees direct and oversee the community's work across regions, asset classes and functions.
The GSC is made up of three types of committees, each serving a distinct and complementary purpose:
- Product committees covering specific asset classes or areas of the trade lifecycle
- Regional committees covering initiatives, events and the regional community
- Service committees covering specific topics globally, cross product
Details of each of these can be found below.
To learn more or request to join a committee, please contact us.
The Global Steering Committee (GSC) is responsible for directing and overseeing all work of the FIX Trading Community. It is made up of the leaders of each of the FIX Trading Community’s committees and reports to the FIX Protocol Ltd (FPL) board.
The core duties of the GSC are to ensure the continued development, maintenance and adoption of FIX's standards by setting an annual strategy for each of these, assigning work to its committees, and meeting regularly to review.
Co-chairs: Scott Charity (Berenberg), Lee Saba (Rialto Markets)
The product committees cover specific asset classes or areas of the trade lifecycle.
They are responsible for managing relationships with industry associations and regulators relevant to the committee’s scope, horizon-scanning for relevant industry news, developments and regulatory changes/consultations, managing all relevant initiatives and promoting and tracking adoption of deliverables from these initiatives.
The Digital Assets & Technology Committee covers trading and trade processing of digital assets, as well as the use of distributed ledger technology across all asset classes.
Its primary focus is to ensure that FIX's standards evolve to meeting the requirements of this area and help bring the 'TradFi' and 'DeFi' worlds together to aid understanding and adoption while minimising implementation complexity and cost.
Co-chairs: Vince Turcott (Apex Group), Duncan Trenholme (TP ICAP)
The FICC (Fixed Income, Currencies, Commodities) Committee is responsible for matters relating to fixed income, listed/OTC derivatives, commodities, energy trading and FX.
Co-chairs: Jay Hurley (State Street Bank and Trust), Vincent Grandjean (Propellant.digital)
The Equites Committee is responsible for matters relating to equities and related products (including ETFs and other fund products).
Co-Chairs: Irina Sonich-Bright (UBS), Jerry Avenell (Cboe), Justine Zou
The Global Post Trade Committee is responsible for matters relating to post-trade activities (e.g., middle and back office functions) as well as non-trade lifecycle areas such as repo and securities lending.
Co-Chair: Ignatius John (Broadridge)
The regional committees cover activities taking place within or impacting a specific geographical region.
Responsibilities include ensuring that in-region events are planned and managed (including setting agendas, managing speaker selection and event promotion), managing relationships with regional industry associations and regulators, horizon-scanning for relevant industry news, developments and regulatory changes/consultations, managing any region-specific initiatives and engaging and growing the regional member community.
They operate with a central steering committee and region/country-specific sub-committees.
The Americas Regional Committee covers membership and FIX Trading Community activities in the Americas.
Co-chairs: Michelle Condren (Bank of America Securities), George Rosenberger (Broadridge)
The Asia Pacific Regional Committee covers membership and FIX Trading Community activities in Asia (excluding Japan), Australia and New Zealand.
As well as regional subcommittees covering Australia, India and South East Asia, this committee has standing subcommittees covering education and marketing, market structure and regulation, technology and buy side requirements.
Co-Chairs: Ankit Mittal (BlackRock), Murrough O’Brien (Australian Securities Exchange)
The EMEA Committee covers membership and FIX Trading Community activities in Europe, the Middle East and Africa. It has regional subcommittees covering France, Germany, Africa and the Nordics.
Co-chairs: Rebecca Healey (Redlap Consulting), Matthew Coupe (Susquehanna)
The Japan Pacific Regional Committee covers membership and FIX Trading Community activities in Japan.
Co-chairs:Hiroshi Matsubara (Pine Grove Research), Mie Kobayashi (Goldman Sachs)
The service committees undertake specific functions that support our membership and the other GSC committees, from member communication to marketing to standards development.
The Global Buy-Side Committee is responsible for engaging and growing the buy-side community within FIX and providing a channel for education and requirements-gathering to/from buy-side firms.
Co-Chairs: Brian Lees (Capital Group), Huw Gronow (BNY Investments Mellon)
The Global Marketing and Education Committee manages communications for the FIX Trading Community. It owns and oversees the execution of FIX's marketing & communications plans, manages the schedule of events and sets the commercial and content strategy for them.
Co-chairs: Scott Charity (Berenberg), Naomi Hoad (Broadridge)
The Global Technical Committee (GTC) manages FIX's business and technical standards, with the exception of MMT. This includes supporting other FIX committees and working groups where they impact or use FIX standards.
The GTC is the central point for maintenance and development of all FIX Standards and Recommended Practices, undertaking standards design and overseeing the development and review process. It also manages relationships with other standards bodies and relevant industry associations.
Co-chairs: Hanno Klein (Fixdom), Winter Chan (AIMS Financial)
The MMT Steering Committee manages the Market Model Typology data standard for post-trade flags. It oversees the MMT Technical Committee which maintains the standard and works with other FIX groups as required to develop changes.
Co-Chairs: Christiane Baumgarten (Deutsche Boerse), Anna Branch (Quilter)
Participation in FIX Groups
Committees, subcommittees and working groups are open to participants from FIX member firms. Individuals from non-member firms or without employment may join subcommittees or working groups as guests at the discretion of the group's co-chairs. They are not permitted to lead groups (cannot be co-chairs), cannot participate in voting and are not automatically entitled to receive minutes or similar documentation.
Intellectual Property and Competition Law
All FIX meetings are covered by the policies in our policies page, particularly in relation to intellectual property and competition law.
