Business Practices

FIX Business Practices are produced to address topics relating to business processes or best practices where not relating directly to the usage or implementation of FIX Standards.


This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. Note some documents may be listed under multiple headings to aid navigation.

Asia-Pacific

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Asia Pacific Equities IOI Charter 425.32 KB 51 downloads December 10, 2020

A collective of industry associations, ASIFMA, Quorum 15, Asia TraderForum, the FIX Trading Community engaged in a collaborative to established a consistent approach for issuing Indications of Interest. ...
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Shanghai/Hong Kong Connect: ASIFMA & FIX Trading Community Implementation Guide 513.94 KB 616 downloads April 10, 2015

Shanghai-Hong Kong Stock Connect, also known as Mutual Market Access or the "through train", is a pilot programme that signals the continuation of Mainland China's capital markets' opening to direct overseas...

    Data & Analytics

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    FPL Recommended Standards for the Consolidation of Trade Reports and Market Data in Europe 727.60 KB 578 downloads February 6, 2017

    This document details the recommended standards for the consolidation of trade reports and market data for European equity markets. These industry-driven recommendations mark an important milestone in...
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    TCA Best Practices for Equities_including IA comments 1.03 MB 554 downloads January 20, 2017

    Further refines ongoing TCA requirements across asset classes. The common goal is to provide the industry with specific guidelines to promote TCA standardization. ...
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    TCA Best Practices for Equities 1.04 MB 1027 downloads January 21, 2014

    Develops industry-wide terminology and methodology for Equities, from pre-trade to post-trade analytics. ...

      Risk Management

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      Recommended Risk Control Guidelines (2012) 306.50 KB 528 downloads January 1, 2012

      Provides information around risk management and encourage firms to incorporate best practices in support of their electronic trading platforms. ...

        Trading

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        FIX Execution Venue Reporting Best Practice Guidelines 439.75 KB 1688 downloads July 22, 2020

        Defines the usage expectations for the FIX fields that describe the final destination point of an execution, the capacity of the broker for that execution and the nature of liquidity (added or taken) for...