The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has published Market Model Typology (MMT) 5.0, which will help trading firms ready themselves for the pending European Consolidated Tape. Continue reading on Markets Media…
FIX Publishes New Data Standards For European Trading
FIX Trading Community publishes updated MMT ahead of upcoming European consolidated tape
The FIX Trading Community has published Market Model Typology (MMT) 5.0, as part of an effort to provide an industry data standard to help firms prepare for the upcoming European consolidated tape. MMT is an industry data standard for classifying trades across European capital markets, and the offering is set to meet the needs of firms such as investment banks...
FIX publishes new data standards for European capital markets
12 August, 2025 (London): The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has published Market Model Typology (MMT) 5.0, which will help trading firms ready themselves for the pending European Consolidated Tape. MMT is the independent industry data standard for classifying trades used across European capital markets, ensuring all firms – from...
ISLA and FIX Trading Community collaborate on securities lending
The International Securities Lending Association (ISLA) has collaborated with FIX Trading Community on the formation of common standards for securities lending. Initially focusing on pre-trade processing and trade execution, the collaboration will look to align the Common Domain Model (CDM) and FIX protocol. Continue Reading…
FIX APAC Webinar on Overnight Trading in US
The lively discussion highlighted the exciting opportunities (and some of the challenges) that overnight trading in the US is bringing to retail and institutional traders. Many thanks to our speakers for sharing their insights, Paul Adcock (24 Exchange), Josh Burch (NYSE), Jaclyn Gude (DTCC), Brian Hyndman (Blue Ocean ATS), Jason Wallach (BRUCE), and FIX APAC co-chair Murrough O’Brien for moderating....
EP299 added to FIX Latest (Market Data Entry Type Extension)
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 included for each of the individual Extension Packs are as follows: ASBUILT – clean PDF document of the implemented Gap Analysis that includes the assignment of new tags and values; ASBUILT with changetracks – same...
FIX tells European Commission mandatory flags necessary for transparency
The FIX Trading Community (FIX) has called on the European Commission to make the use of standardised trade‑reporting flags mandatory across the bloc, arguing that clearer post‑trade transparency (PTT) is crucial for European capital markets to become more attractive. Continue reading…
EC Consultation 2025 Press Release
PRESS RELEASE – FIX Trading Community responds to European Commission targeted consultation on development and integration of EU capital markets FIX Trading Community has submitted its response to the European Commission’s targeted consultation on the integration of EU capital markets, under the broader framework of the Savings and Investments Union (SIU) strategy. Representing a global community of >280 members firms...
How FIX is Embracing the Next Gen
Investing in the Future of Financial Services Careers In a rapidly evolving capital markets landscape, the demand for new perspectives, fresh energy, and digitally fluent professionals is at an all-time high. This episode of Fintech Focus TV, hosted by Toby Babb, offers a deep dive into the FIX NextGen initiative, a community-led movement championing the education, inclusion, and advancement of early-career professionals in electronic...
TradFi meets DeFi: Integrating FIX and distributed ledgers
Led by global co-chair Digital Assets & Technology Committee, Vince Turcotte, 35 participants from the APAC digital assets ecosystem gathered at the 23rd Asia Pacific Trading Summit on 22 May 2025, to discuss the evolution of the digital asset market since the invention of blockchain in 2009. “Some accuse this market of evolving slowly, but it’s worth remembering that TCP.IP protocol...