London, New York, Hong Kong 27th February 2017: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the publication of a document detailing extensions to the FIX Protocol to meet the requirements of MiFID II and MiFIR. The FIX Global Technical Committee has approved these changes and these are now available to...
Press Releases
FIX Trading Community announces new recommended guidelines for the use of FIX in multi asset classes for post-trade
London, New York, 8th August 2016: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the release of new guidelines for the use of FIX in post-trade processing for multi asset classes and a common post-trade framework The FIX Global Post-Trade Working Group has been focusing its efforts on how best to resolve...
FIX Trading Community announces release of FIX version to meet high performance demands
London, New York, 30th June 2016: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the release of Simple Binary Encoding (SBE) version 1.0 Draft Standard to support high performance demands in transactions and/or data feeds. Recent improvements in the speed of hardware, software and network connections have prompted the High Performance Working...
FIX Trading Community develops standards for MiFID II transaction and trade reporting
London, New York, 13th June 2016: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the development of the FIX Protocol for use for transmitting MiFID II Transaction Reports to Approved Reporting Mechanisms (ARMs). Under MiFID II, all investment firms (including certain buy-side institutions) executing transactions in financial instruments are required to report...
FIX Trading Community announces sponsorship of the ISO Study Group
London 8am, 21st March 2016: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, is delighted to announce its sponsorship of the ISO Study Group to determine the rules for the allocation of the ISIN standard to derivative instruments. As part of this effort, FIX is documenting a set of best practices to support the creation...
FIX Trading Community announces enhancements to the FIX Protocol to support MiFID II legislation on time stamps
London 2nd December 2015: – FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced that the FIX Protocol will now support higher time stamp resolution to enable market participants to be MiFID II compliant. FIX formed the Clock Synchronisation Working Group in June 2015 to look at regulatory technical standard (RTS) on...
FIX Trading Community announces new open technical resource to facilitate software development
London 23rd November 2015: – FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced that it is now opening its technical standards process to software developers throughout the financial industry. A standard, complete modern high performance interface for venues will promote fairness, lower costs, and should lead to quality and reliability improvements. An open...
FIX Trading Community announces revised guidelines on Execution Analysis in EMEA
London, 21st October 2015 – FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announce that it has produced EMEA specific guidelines on Execution Venue Analysis. These latest revisions focus on adding further clarity around Last Capacity and Liquidity flag definitions, as well as mandating all executing venues, including broker crossing and alternative...
FIX Trading Community announce new Digital Currency and Blockchain Working Group
London 8am, 12th October 2015: – FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the formation of a new Working Group to focus on the growing number of Digital Currency and Blockchain technology initiatives. Many of the FIX Trading Community members have internal groups focusing on this topic. With the creation of the...
FIX Trading Community announces new Regulatory subgroups focused on MiFID
London 12th August 2015: – FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced that it has formed six new subgroups focused on MiFID II regulation for the industry to collaborate on the most critical issues in this time of regulatory change. In May 2015, the EMEA Regulatory Subcommittee met to discuss...
FIX Trading Community Survey reveals increasing take up of FIX in post-trade workflow
FIX Trading Community Survey reveals increasing take up of FIX in post-trade workflow 19th May 2015 – FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the results of its Global Post-Trade Survey used to determine the use of FIX in the post-trade workflow. An overwhelming majority of respondents asserted their...
FIX Trading Community Releases Best Practices Document for IPO Process
London 24th February 2015: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the release of a Best Practices document for the automation of the Initial Public Offering (IPO) process. In 2014, a number of Buy-side companies met to discuss ways to make the placing of orders for equity IPOs and fixed...