FIX in the News

Trading in the age of AI: what does it mean for trading employees?

A big thank you to our  ‘The Future of Our People – How will AI impact our industry’s workforce?’ moderator and panellists Matthew Cousens (Milvus-I Consultancy) Evan Canwell, CFA (T. Rowe Price), Mark Freeman (Looking After Me), Rugiyya Gahramanli (LSEG (London Stock Exchange Group)) and Samuel Livingstone, CFA (Ambienta) for their contributions at the EMEA Trading Conference. Read the full article:...

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Harrington Starr: The Real-World Impact of AI on Trading Workflows

From startup leaps to inclusive leadership, Rachel Przybylski shares insights on AI’s future in trading workflows and why diverse thinking drives real innovation. A must-listen for anyone passionate about FinTech, equity, and building cultures where everyone thrives. Full episode available here: The Real-World Impact of AI on Trading Workflows | Harrington Starr

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TP ICAP Aims to Expand Digital Asset Business

Simon Forster, global co-head of digital assets at TP ICAP, told Markets Media that 2024 was a “watershed” year for the digital assets industry as the sheer volume of bitcoin ETF inflows showed the pent-up demand. In addition, BlackRock has since expanded its model portfolio by adding an allocation to their Bitcoin ETF, which shows how seriously the asset class,...

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FCA pledges caution as industry voices concern over rise of bilateral trading

Jamie Whitehorn, head of trading venues at the FCA, acknowledging industry concerns stated: “On bilateral trading it’s our feeling that markets are effective when there’s a choice of trading functionality. We are conscious that when you kind of change one aspect of market structure, you have to be mindful of your impact on market structure as a whole.” Full article...

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The Desk: Location will determine bid-ask spreads for European bond traders

The UK and EU are each developing consolidated tapes of bond pricing, but they have different period of disclosure for trades of different sizes, meaning a trade might be published on one tape before it is published on another. . At the FIX EMEA conference, Matt Coupe, co-chair of EMEA Regional Committee, FIX Trading Community, and Vincent Grandjean, founder and...

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“Non-linear dynamical system” of interacting algos dooms DORA efforts

The interconnected nature of trading algorithms poses a significant threat to financial stability, speakers at this year’s FIX EMEA conference warned, with companies unable to rely solely on the resilience of their own systems. “[AI] technology is increasingly being integrated into solutions,” affirmed Marina Kudryavtseva, senior quality assurance manager at Exactpro Systems. “Cybersecurity remains a top concern as firms navigate...

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Data costs keep FIXers awake at night as budgets tighten

Analysis of 50 decision makers attending the FIX EMEA conference in London on 6 March 2025 found that the decline of Europe and the UK’s capital markets was the single greatest concern across all demographics for equity market participants, but a near non-issue in fixed income markets where addressable liquidity saw more concern across different groups of market participants. For...

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ISO20022 “not suitable” for trading messages, FIX Tech committee says

At the recent FIX EMEA Trading Conference, discussions around market data standards brought the FIX Protocol and ISO 20022 into sharp focus. A notable concern raised by industry experts is the suitability of the ISO 20022 messaging framework for handling trading messages, particularly in the context of MiFID II transparency requirements Marc Berthoud, head of exchange data strategy at SIX...

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