Here you can find articles with contributions from FIX Trading Community members on the subject of European regulation, including on Mifid II, Mifir, and the EU Taxonomy. Click “Continue reading…” to read the articles. IFLR: Data collection and bonds among EU taxonomy’s biggest issues Risk.net: Germany fights for neobrokers’ PFOF rights IFLR: Mifid II boosts...
Author: FIXTrading Community (FIXTrading Community)
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European Consolidated Tape
As the industry and regulators look to address fragmentation in the market, a European consolidated tape remains a key topic for market participants. See here for articles with contribution from members of the FIX Trading Community. Click “Continue reading…” to read the articles. The Desk: Data: A Blank Tape Markets Media: Data: A Blank...
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TNS Partners with Blue Ocean Technologies to Expand US Stock Trading Footprint | TNS – Payment, Telecoms & Financial Data Solutions (tnsi.com)
Global network and Infrastructure-as-a-Service pioneer Transaction Network Services (TNS) today announced a partnership with Blue Ocean Technologies (BOT), owner and operator of the Blue Ocean ATS, a global alternative trading system (ATS) that operates from 8pm to 4am EDT. Blue Ocean ATS will leverage TNS’ robust network backbone and dark fiber to accommodate its increasing...
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IFLR: Derivatives consolidated tape might help with FRTB
IFLR: Derivatives consolidated tape might help with FRTB Thomas Helm, senior journalist at IFLR, explores the ongoing debate on the potential implementation of a derivatives consolidated tape. While there is currently limited support in the industry for this measure, it may help banks with the internal models approach (IMA) under Fundamental Review of the Trading...
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Finalisation of Recommended Practices: BCAN ID using FIX for HKIDR
The FIX Trading Community is pleased to highlight new recommendations on how firms can communicate a BCAN (Broker-to-Client Assigned Number) using standard FIX fields for the Hong Kong ID regime, and an enhanced definition of the FIX user-defined field BCANID(8018). BCANID(8018) Recommended Practices: BCAN ID using FIX for HKIDR This relates to the requirement for...
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FIX Trading Community public consultation on FIX Protocol changes for digital asset trading
The FIX Trading Community has started a public consultation on proposed changes to the FIX Protocol to support the trading of digital assets. These changes leverage existing trading models for other asset classes such as FX and equities, and are intended to provide a common messaging standard for trading this important class of assets. The...
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Nordic Trading Briefing 2022 Agenda Announcement
After a 3-year break due to the pandemic, the FIX Trading Community is delighted to publish the agenda for the Nordic Trading Briefing 2022. [pdf-embedder url=”https://staging.fixtrading.org/wp-content/uploads/2022/05/Nordics-Agenda-Announcement-Press-Release.pdf”]
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Recommended Practices: BCAN ID using FIX for HKIDR
The FIX Trading Community has issued Recommended Practices describing how to communicate a BCAN (Broker-to-Client Assigned Number) in the Hong Kong market using FIX Fields. This relates to the requirement for orders (or off exchange trade reports) to include an identification code assigned to the relevant client, in order to identify the originators of those...
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FIX US Equity Options Expansion Press Release – April 28 2022
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Best execution post-RTS 27: Building consensus in the industry
REGULATION December 23, 2021 12:03 PM GMT The removal of RTS 27 execution reports does not negate the importance of best execution, and with the expected regulatory divergence between the UK and EU markets, greater collaboration among market participants to agree on standards is of paramount importance. By Charlotte Decuyper With greater divergence between EU and UK...