FIX in the News

Articles featuring thoughts from members of the FIX Trading Community on trends in trading and market structure, including the rise of bots, the electronification of the fixed income market and the need for better efficiency in equity markets. Click “Continue reading…” to read the articles. The TRADE: Rise of the bots – not there yet, but on the way Bobsguide:...

Media coverage of our trading conferences in EMEA where topics include crypto, retail trading, and consolidated tape were debated among panellists. Click “Continue reading…” to read the articles.   Traders Magazine: FIX EMEA Themes: Consolidated Tape, Crypto, Retail Markets Media: FIX EMEA Themes: Consolidated Tape, Crypto, Retail Finextra: What a day! Fix Emea 2022 in London

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 electronic trading shift IFLR: Mifid...

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 Tape The TRADE: Equities consolidated...

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 Book (FRTB). Alex Wolcough, founder...

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 regulators post-Brexit, standards that are...

With Emma Quinn, Global Co-Head of Equity Trading, AllianceBernstein, and Hanno Klein, FIX Technical Director As part of series of articles by members of the FIX Trading Community, AllianceBernstein’s Global Co-Head of Equity Trading, (and Chair of the FIX Trading Community’s Board of Directors), Emma Quinn, quizzes FIX Technical Director, Hanno Klein, on just what the end of FIX versioning...

Posted by: Best Execution, November 10, 2021 Regulators could stymie the only consensus model for firm pricing in fixed income, a market short of transparency. Dan Barnes reports. Regulators may throw a spanner in the works of bond trading automation, by including desktop trading tools within the definition of regulated trading venue. A ruling by the Commodities Futures Trading Commission (CFTC)...

Why Being a FIX Trading Community Member Matters — And Why You Should Contribute By Rich Evans, Global Co-chair of FIX Trading Community, and Lee Saba, Global Co-chair of FIX Trading Community and Head of Market Structure, Rialto Markets In an era of focus on good governance, every firm’s contribution to the FIX community matters more than ever. FIX has...

Published by: MondoVisione 31/08/2021 A US Government crackdown on unregulated digital exchanges and stablecoins has long been on the cards, according to broker dealer and pioneering secondary market ATS operator Rialto Markets.   But rather than trying to kill off this emerging sector, Rialto Markets’ Head of Market Structure Lee E Saba expects and welcomes an official drive to create a...

Published by: Traders Magazine 30th July 2021 Even though algo wheels have been around for five years and their adoption is now near universal, few are using them beyond the simplest of use cases, such as managing commission wallets or dealing with ‘nuisance’ orders. The slow path to realizing the full potential of algo wheels was the main topic of...

Published By : Traders Magazine | 2nd June 2021 With Enrico Cacciatore, Head of Market Structure & Trading Analytics, Voya Investment Management, and Tim Sargent, CEO, CalcGuard Technologies What have been some challenges as the Routing Transparency Initiative (RTI) has moved forward? ENRICO CACCIATORE: The biggest challenge for RTI is the inherent lack of standardized data and lack of data...