FIX Standards Achieve ISO Standardization

London, New York, Hong Kong, June 15, 2022: The FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announces  that two components of the FIX messaging suite are now ISO standards: ISO 3531-1: FIX TagValue Encoding (https://www.iso.org/standard/81510.html) ISO 3531-2: FIX Session Layer (https://www.iso.org/standard/81511.html) The FIX TagValue Encoding and Session Layer standards have served as...

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FIX Trading Community public consultation on FIX Protocol changes for digital asset trading

The FIX Trading Community has started a public consultation on proposed changes to the FIX Protocol to support the trading of digital assets. These changes leverage existing trading models for other asset classes such as FX and equities, and are intended to provide a common messaging standard for trading this important class of assets. The public consultation runs until June...

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Release of Playlist Version 1.0.1

The FIX Global Technical Committee (GTC) announces the availability of Playlist Version 1.0.1, fixing some errors detected in Version 1.0. If you are a FIX member, you can request access from the FIX Program Office. It can then be invoked either via its own URL or through the FIX website (“Playlist” in the dropdown menu “Tools” or from the Orchestra landing...

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Recommended Practices: BCAN ID using FIX for HKIDR

The FIX Trading Community has issued Recommended Practices describing how to communicate a BCAN (Broker-to-Client Assigned Number) in the Hong Kong market using FIX Fields. This relates to the requirement for orders (or off exchange trade reports) to include an identification code assigned to the relevant client, in order to identify the originators of those orders and trades under the...

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FIX Trading Community Announces Important Organisational Changes

The FIX Trading Community have today announced two important organisational changes to the FIX Trading Community Program Office. With the appointment of Jim Kaye and Laurence Jones as Executive Director and Regional Director (Americas) respectively. Jim Kaye has been appointed Executive Director with responsibility for all FIX staff, marketing, communications, sales and the day to day operations of FIX. Many...

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Release of Playlist Version 1.0 for FIX Members

The FIX Global Technical Committee (GTC) is proud to announce the availability of Playlist Version 1.0. If you are a FIX member, you can request access from the FIX Program Office. It can then be invoked either via its own URL or through the FIX website (“Playlist” in the dropdown menu “Tools” or from the Orchestra landing page). You have to...

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Best execution post-RTS 27: Building consensus in the industry

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...

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