PUBLISHED by: FINEXTRA 19 August 2020 FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, announced today their submission of the FIX session layer standard and the FIX tagvalue encoding standard for standardization, to the International Organization for Standardization (ISO) via Technical Committee TC 68 – Financial Services, Subcommittee 9 – Information Exchange (ISO...
FIX in the News
August 3, 2020January 21, 2023
How the Financial Information eXchange can FIX the crypto market
Published: NewsBTC 3August2020The benefit of utilizing the FIX Protocol API for crypto currency exchanges, please click here.
July 28, 2020January 21, 2023
Targeting institutional crypto investors with technology upgrade
Published: Finextra 23July2020 Further tools being introduced include an institutional-grade API with FIX protocol, in addition to REST and WebSocket protocols, and a credit line program** for spot trading….. Click here to read full article.
July 28, 2020January 21, 2023
ICE Aims to expand ETF Hub Internationally
Published by: MarketsMedia 27July2020 Peter Borstelmann, head of ICE ETF Hub, said the platform is aiming to expand coverage to international equity exchange-traded funds listed in the US and ETFs listed in Europe, Middle East and Africa. Borstelmann told Markets Media: “We are looking to expand coverage to include international equity and EMEA-listed ETFs in response to market demand.” The...
July 1, 2020January 21, 2023
Execution Venue Reporting – Updated Recommended Practices
Published by: MarketsMedia 30thJune2020 FIX Trading Community Execution Venue Reporting Recommended Practices London, New York, Hong Kong, 29 June 2020: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, announced today an updated release of the Execution Venue Reporting Recommended Practice Guidelines. Originally produced by the FIX Trading Community Global Buy Side Committee to...
June 23, 2020January 21, 2023
FIX to Support Digital Assets
The FIX Trading Community empowers individuals and firms to collaborate and ensure the work of the community is complete, robust, and fit for purpose, for the entire industry. This has been achieved by FIX Protocol being supportive of nearly every conventional class of financial instrument, so it only follows that FIX should also support digital asset trading. Just as FIX...
June 19, 2020January 21, 2023
Modernising the securities lending infrastructure
Published by: SecuritiesLendingTimes 19thJune2020 OCC has set out a vision to establish a permissioned distributed ledger network for cleared securities lending transactions The role of the Options Clearing Corporation (OCC), the world’s largest equity derivatives clearing organisation, in the securities lending market is to serve as the central counterparty (CCP) for lenders and borrowers. As a CCP, we provide a...
June 10, 2020January 21, 2023
FIX Trading Community welcomes new Directors
London, New York, Hong Kong, 8th June 2020: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading is pleased to announce the recent election of two new FIX Directors and the re-election of a current director. Please click here to view all of the FIX Directors. Re-Elected: Emma Quinn, SVP, Global Co-head of Equity...
May 29, 2020January 21, 2023
Cboe to introduce new order type,
FLEX Delta Adjusted at Close PUBLISHED BY: FINANCEFEED 27May2020 DAC orders are limit orders for FLEX options that execute intraday and receive a delta-adjusted price based on that day’s official closing price of the underlying security or index value. Cboe Options Exchange (C1) is set to introduce a new order type, FLEX Delta-Adjusted at Close (DAC), which will be accepted during...
May 29, 2020January 21, 2023
Enhancing the process
As COVID-19 has unearthed some of the inefficiencies and problems in the financial services space, industry experts discuss the current challenges in clearing and settlement and how these processes can be enhanced The global pandemic has shaken up many industries and has caused market volatility in the financial services space. In particular, this has shone a light on the inefficiencies...
May 25, 2020January 21, 2023
FMSB Review Highlights Data Risks in Wholesale FICC Markets
ByEditors, Regulation Asia Published on 12th May 2020 The paper highlights the benefits of moving to a more centralised data strategy, including cost reduction, risk reduction, and the ability to better use data to drive value. Industry initiatives such as the FIX Protocol and the introduction of LEIs show that standardised approaches to data governance can be effective in controlling the risks...
May 7, 2020January 21, 2023
Boosting the Resilience of Post-Trade with a Collaborative FIX
Early adopters of back office efficiency gain an edge, but the industry needs wholesale change through standardisation. When financial services shifted to remote workingwhile also dealing with increased market volumes in response to the global impact of Covid-19, it put the spotlight on operational efficiency and the need for increased automation and standards. Outdated, manual processes based on creaking infrastructure...