FIX in the News

The drama around cut-offs at CLS and custodians prior to the T+1 implementation had many believing the FX market would alter drastically, but so far, it’s business as usual over the first three weeks of the shortened settlement cycle as the first big public holiday – and major test – approaches. By Jonathan Watkins and Sophia Thomson Find out more in...

“AI is really changing just how much a trader can add to the investment process. Not just through execution, but also the selection aspect of what goes into a portfolio,” asserted Rebecca Healey, co-chair EMEA regional committee at FIX Trading Community. By Claudia Preece Full article available here: The buy-side on AI: ‘The fear is real, but the rewards are there’ – The TRADE (thetradenews.com)

Max highlights some of Waters Technology’s recent reporting on data costs and capacity issues facing the options industry, and asks, haven’t we seen this before somewhere? Find out more: The IMD Wrap: Déjà vu as exchange data industry weighs its options – WatersTechnology.com

Could Monday’s market chaos lead to a more effective industry solution to market outages? The halting of trades on the New York Stock Exchange (NYSE) that occurred on Monday had a domino effect, rippling out across a number of exchanges, dark pools and alternative trading systems (ATSs) in the US. The NYSE halt was reportedly the result of issues with...

Liquidnet, the technology-driven agency execution specialist, has launched Roll Seeker, a new tool designed to enhance workflows associated with the execution of futures rolls. The development responds to member requests to utilise Liquidnet’s block trading expertise to discover contra end-user liquidity interest more effectively. Read the full article here: Liquidnet Introduces Roll Seeker to Streamline Futures Rolls Execution – A-Team...

Find a selection of videos from the floor at the 22nd Asia Pacific Trading Summit in the link below: FIX video | Global Trading

T+1: Time to face the music

Nordic Trading Conference 2024 The session with Nasdaq European Market Services president Roland Chai and FIX Trading Community representative Scott Charity lined out the arguments from several sides, to shine the light on an industry issue that has climbed fast up the agenda. The exchange opening hours controversy is heating up | PostTrade 360°

Rebecca Healey,EMEA Regional Co-Chair FIX Trading Community, Founder,Redlap Consulting What stood out to me in the discussions was the potential of #AI to automate: ·        those markets where CLOB (central limit order book) electronic trading has yet to be implemented. ·        Workflow processes that support the full life-cycle of a trade  FIXing not SWIFTing in Stockholm | LinkedIn

Jim Kaye, Executive Director, FIX Trading Community shares The story of the FIX trading protocol: Then and now… The story of the FIX trading protocol: Then and now… | Global Trading

Find a full overview of the FIX EMEA 2024 trading conference below. Media Coverage: Available Here      

While North American markets are ahead of the UK and EU in implementing T+1, lawyers in Europe are busy preparing clients for a shortened settlement….. Continue Reading: Primer: T+1 settlement