Market outages

Ever increasingly complexity and volumes in the market mean that operational resiliency is front of mind for market participants. Here you can find a number of articles on market outages featuring insight from FIX. Click “Continue reading
” to read the articles. Financial News: UK watchdog says LME ‘needs to learn lessons’ after nickel chaos leads exchange to wipe $4bn in...

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Trading & market structure

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:...

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The EMEA Trading Conference

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

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European regulation

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...

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European Consolidated Tape

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...

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TNS Partners with Blue Ocean Technologies to Expand US Stock Trading Footprint | TNS – Payment, Telecoms & Financial Data Solutions (tnsi.com)

Global network and Infrastructure-as-a-Service pioneer Transaction Network Services (TNS) today announced a partnership with Blue Ocean Technologies (BOT), owner and operator of the Blue Ocean ATS, a global alternative trading system (ATS) that operates from 8pm to 4am EDT. Blue Ocean ATS will leverage TNS’ robust network backbone and dark fiber to accommodate its increasing traffic, automated connectivity, and rapid...

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IFLR: Derivatives consolidated tape might help with FRTB

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...

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EP270-272 added to FIX Latest

The FIX Global Technical Committee (GTC) announces the addition of new Extension Packs to the FIX Latest specification, the normative specification of the FIX Protocol. The artifacts for the individual Extension Packs described below are available here. This blog further describes changes to the various repository artifacts provided for Extension Packs. New Extension Packs EP270 Extension of BeginString(8) for FIX Latest This Extension...

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Log2Orchestra upgrade to Version 1.2

Log2Orchestra is one of the tools related to the FIX Orchestra Technical Standard. It supports the automatic creation of an Orchestra XML file by using FIX engine logfiles as input. It is intended to be the starting point for someone who wants to benefit from FIX Orchestra and use it to build the meta-data representation for one or more FIX interface(s)....

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Finalisation of Recommended Practices: BCAN ID using FIX for HKIDR

  The FIX Trading Community is pleased to highlight new recommendations on how firms can communicate a BCAN (Broker-to-Client Assigned Number) using standard FIX fields for the Hong Kong ID regime, and an enhanced definition of the FIX user-defined field BCANID(8018). BCANID(8018) Recommended Practices: BCAN ID using FIX for HKIDR This relates to the requirement for orders (or off exchange trade...

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