FIXatdl: The New Frontier

Published by: Global Trading | 16th March 2021 FIXatdl: The New Frontier It’s been more than ten years since FIXatdl™ had its last upgrade. FIXatdl version 1.1 (released in 2010), achieved its main objective: standardizing the specification of algorithmic order types into a machine-readable XML format. Its scope covers pre-trade analytics, order build workflow, local validation, and finally, submission of...

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ESG in 2021

Post the Biden victory and now the release of updated European Sustainable Finance Disclosure regulation, capital markets are gearing up for the new mantra that “Green is Now Good”. This is the very concept discussed at FIX EMEA 2020 back in September – ESG is no longer a fringe concept but now an integral part of the larger investment ecosystem....

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EP259-EP264 added to FIX Latest

The FIX Global Technical Committee (GTC) announces the addition of six new Extension Packs to the FIX Latest specification, the normative specification of the FIX application layer. The artefacts for the individual Extension Packs described below are available here. New Extension Packs EP253 Extensions for CAT/FIX Mapping This extension pack has actually already been published but needed to be republished due to...

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Industry Bodies Publish APAC Charter for Indication of Interest Issuers

Published by: Regulation Asia| 10th November 2020 ASIFMA, Quorum 15, Asia TraderForum, the FIX Trading Community and their members have established a consistent approach for issuing Indications of Interest. A collective of industry associations have together launched The Asia Pacific IOI Charter, providing guidance for all market participants who issue Indications of Interest (IOIs) and the recipients that react to...

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The long journey to frictionless electronic trading

Published by: The Trade News|28th October 2020 By: Kevin Houstoun Having been instrumental in the development of the Financial Information Exchange (FIX) Protocol, chairman of Rapid Addition and director at FIX Protocol Ltd, Kevin Houstoun, provides a brief history of the industry’s messaging standard. Thinking about how integral FIX protocol has become to electronic trading, it’s interesting to reflect on...

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FIX Trading Community releases guidelines for Repo Transactions

London, New York, Hong Kong, 29 October 2020: FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, announced today their publication of recommended practices for Trade and Post-Trade Bilateral and Tri-Party Repurchase Agreements (Repos).  These recommended practices were produced to define industry practices for the common usage of FIX messaging for Request for Quote...

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Making Markets Transparent

Trading generates large amounts of data. To ensure the quality is on par with the quantity, the Swiss Stock Exchange is actively involved in data standardisation initiatives. One such initiative is the MMT – short for Market Model Typology – which facilitates compliance with MiFID trade flagging obligations. Industry efforts to promote common standards for post-trade data across asset classes...

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Imperfect Pitch – Exactpro – Leadership – Sibos 2020

This video was prepared for the Sibos 2020 Discover Perfect Pitch competition. We hope it might be useful for people genuinely interested in FinTech, software quality and reliability. This video focuses on some very real quality assurance controversies. It contains no political message, although we might have been inspired by several real public figures and their speeches in the news...

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