London, New York, Hong Kong, 18th October 2017: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the final release of its Recommended Practices for Best Execution Reporting as required by MiFID II RTS 27 & 28. The objective of this document is to provide guidance to...
Author: FIXTrading Community (FIXTrading Community)
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Tackling the Hot Topics: FIX Nordic Trading – article by Baymarkets
Tackling the Hot Topics: FIX Nordic Trading Briefing 2017 By Peter Fredriksson – CEO of Baymarkets Technology, Sweden Last month saw the return of the FIX Trading Community’s Nordic Trading Briefing to Sweden, the largest FIX event in the Nordics and now firmly established as a key date on the industry’s calendar. This year’s line-up...
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ISO Technical Management Board (ISO TMB) approves Jim Northey, FIX Global Technical Committee Co-chair representing the Americas, as the next TC 68 Chair- Linked In post
We learned last week that the ISO Technical Management Board (ISO TMB) that has approved Jim Northey, the FIX Global Technical Committee Co-chair representing the Americas, as the next ISO TC68 Chair. Jim previously served seven years as FIX Americas Regional Committee Co-chair and was the initial Chair of the Global Derivatives Committee. Jim will serve as...
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MiFID II ‘Best Ex’ to Spread Globally – MarketsMedia article
The enhanced requirements to evidence best execution under new European Union regulations will spread to the US and Asia as clients will demand more detailed pre-trade and post-trade data. Under MiFID II, the regulations coming into force in the EU at the beginning of next year, an investment firm must take “all sufficient steps” to...
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Coming to a city near you soon – Linked In post
The FIX Trading Community is well known for its work in the world’s major financial centres and has been steadily working away in these regions with the aim to harmonise the financial industries globally. Events play a key role in our efforts to bring communities together, and this year has been busier than ever with...
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Fixed income trading focus | Beyond MiFID II – Best Execution article
Sassan Danesh, Co-Chair, OTC Products Committee, FIX Trading Community outlines what he sees are the priorities for buyside global heads of trading in a post-MiFID II landscape. With preparation for MiFID II now well and truly underway, this article looks at three trends that will likely pre-occupy buyside trading desks in 2018 once MiFID II...
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MiFID II: The debate is over, now is the time for action – Bobsguide article
On 29th June, the FIX Trading Community held its summer London regional event kindly hosted by BNP Paribas, bringing together market participants to debate hot topics affecting the industry. And of course, there is nothing more pressing at the moment than the looming MiFID II deadline. The evening started off with an update from some...
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Professional Standards Within The Electronic Trading Industry – Global Trading article
As the speed and complexity of automation rises, market participants have a duty to ensure that they pursue and maintain best practices. Most professions have a set of ethics that guide behaviour – think of the Hippocratic Oath for doctors. In the absence of similar guidelines for our occupations in the hectic world of electronic...
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Fixed-Income Trading Operations Catch Up – Intelligent Trading Technology article
Fixed-income trading operations may be as much as 15 years behind equities trading operations, but they are catching up quickly, according to executives in the field who spoke at the FIX Trading Community’s Americas Trading Briefing in New York on April 26. “All the advancements in technology, the transfer of information and the execution of...
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FIX Orchestra – Best Execution article
Anyone that has worked with the FIX Protocol will appreciate that, whilst it is a technical protocol, the human interaction in configuration, testing and certification of a FIX connection is absolutely vital. The protocol itself was borne out of a business need over 20 years ago by traders and technologists with an explicit requirement to...