The updated MMT meets the new requirements for a European consolidated tape, expected later this year. FIX’s MMT Steering Committee has worked closely with European regulators since 2013, keeping the standard up to date with changing regulations and user requirements and underpinning the efficiency and transparency of the entire market. Continue reading on Mondo Visione…
Month: August 2025
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FIX Publishes MMT 5.0 to Support Readiness for the European Consolidated Tape
The FIX Trading Community has released Market Model Typology (MMT) 5.0 to help firms prepare for the pending European consolidated tape. MMT is the independent industry data standard for classifying trades across European capital markets, enabling consistent interpretation of published transactions and supporting clean, transparent market data. FIX Executive Director Jim Kaye said FIX’s independent,...
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FIX Publishes New Data Standards For European Trading
FIX Executive Director, Jim Kaye, said that FIX was uniquely positioned as an independent, industry-run body to ensure MMT meets the needs of all market participants. “MMT is a great example of FIX’s unique ability to take everyone’s needs into account in a completely unbiased way, and ensure market structure and regulatory changes meet the...
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FIX Publishes New Data Standards For European Trading
The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has published Market Model Typology (MMT) 5.0, which will help trading firms ready themselves for the pending European Consolidated Tape. Continue reading on Markets Media…
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FIX Trading Community publishes updated MMT ahead of upcoming European consolidated tape
The FIX Trading Community has published Market Model Typology (MMT) 5.0, as part of an effort to provide an industry data standard to help firms prepare for the upcoming European consolidated tape. MMT is an industry data standard for classifying trades across European capital markets, and the offering is set to meet the needs of...
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FIX publishes new data standards for European capital markets
12 August, 2025 (London): The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has published Market Model Typology (MMT) 5.0, which will help trading firms ready themselves for the pending European Consolidated Tape. MMT is the independent industry data standard for classifying trades used across European capital markets,...
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ISLA and FIX Trading Community collaborate on securities lending
The International Securities Lending Association (ISLA) has collaborated with FIX Trading Community on the formation of common standards for securities lending. Initially focusing on pre-trade processing and trade execution, the collaboration will look to align the Common Domain Model (CDM) and FIX protocol. Continue Reading…