An Introduction to
The FIX Trading Community
The non-profit, industry-driven standards body at the heart of global trading.
The organisation is independent and neutral, dedicated to addressing real business and regulatory issues impacting trading in global markets, delivering operational efficiency, increasing transparency, and reducing costs and risks for all market participants.
We are the custodians of the FIX Protocol (FIX) messaging language.
Over the last 30 years, FIX has revolutionised trading and, being used by well over 10,000 firms sending billions of messages a day, has truly become the way the world trades.
We maintain FIX’s IP and facilitate a network of committees and working groups to extend and promote it.
Collaborations that makes global trading better
Equally important is our collaborative work with regulators and other industry/standards bodies, bringing industry participants together to solve problems, responding to regulatory consultations and providing guidance – avoiding positions of advocacy and always focusing on how best to make regulation work.
Our work also includes the development of guidelines and other technical standards covering data, messaging, risk and operational efficiency.
We are unique in that we represent the entire industry with a global membership drawn from the buy side, sell side, market infrastructure operators, financial technology firms, consultants, regulators, and other industry associations.
Our work is driven by individuals from across these firms who are all driven by one objective – to make the financial industry work better.
Mission Statement
The work of the FIX Trading Community is based on the following principal objectives:
We achieve this by:
