Financial firms wanting to use central matching platforms other than industry leader Omgeo to acknowledge their US trade details will no longer have to worry about meeting a two-day settlement cycle in the US. For the full article, please click here.
Category: FIX in the News
FIX EMEA Conference 2016 : Key findings – Best Execution article
On 3rd March 2016, the FIX Trading Community held its 8th annual EMEA Conference at its spiritual home, Old Billingsgate in the City of London. By numbers, the day was a huge success – a record of close to 900 delegates from 22 countries spanning Asia, Europe, Africa, and the Americas, featuring 40 high quality...
The Derivatives ID Dilemma: Industry Accord Suggests an ISIN Solution – FinOps article
Is the International Securities Identification Number (ISIN) not fit for purpose for identifying certain types of derivatives, as claimed by some partisans for other identifiers or just “concerned citizens” of the derivatives realm? For the full article, please click here.
FIX Community Sponsors ISIN Study Group – Inside Reference Data article
Industry association is developing recommendations for use of the FIX Protocol in assigning ISIN codes to OTC derivatives on a real-time basis. For the full article, please click here.
Learn, Network, Debate – Bobsguide Article
Post event reviews are a difficult topic to write about, even more so when it is one of your own events. Given that we are predominantly a volunteer and member driven body, there could be a slight danger of sycophancy and back-slapping. Our events are billed correctly as “for the industry, by the industry”. For...
FIX Urges Takeup of V3 of MMT Trade Data Standard – Inside Market Data article
Industry standards body FIX Trading Community has published version 3.0 of its Market Model Typology (MMT) standard, which aims to provide a MiFID 2-conformant trade flagging model that will help data vendors deliver MiFID-compliant data solutions to customers. For the full article, please click here.
Industry Collaboration In The Year Ahead – Global Trading article
‘As January goes, so goes the year’ is an old Wall Street saying. I’m certainly not going to make any stock market predictions for 2016, but can say with some conviction that the year is likely to be a busy one given how January has started. For the full article, please click here.
IPO Automation Moves Closer – Markets Media article
A pilot to automate initial public offerings in UK and reduce inefficiency and risk is slated for next month after the FIX Trading Community, the non-profit body that develops and promotes the FIX family of standards, started discussions on the process in 2014. For the full article, please click here.
Firms face massive MiFID II pre-trade changes – The Trade article
Pre-trade transparency requirements set out in MiFID II will radically affect the models operated by Europe’s trading venues and swaps dealers, according to experts speaking at the FIX EMEA Trading conference. For the full article, please click here.
Fixed income platform market reaches saturation – The Trade article
The growth in fixed income platforms will grind to a halt leaving behind only a few in the market, according to industry experts. For the full article, please click here.