FIX Trading Community proposes four reforms for the European consolidated tape
The suggestions are aimed at ensuring increased investor interest in European capital markets.
The suggestions are aimed at ensuring increased investor interest in European capital markets.
The new offering, MMT 5.0, is set to provide an industry data standard to help firms understand published transactions in European capital markets and maintain market data transparency.
The TRADE sits down with Jim Kaye, executive director at the FIX Trading Community, to discuss the evolution of the trading landscape over the past 30 years, boons and banes experienced in the timeframe, and potential shifts that could occur in the next decades to come.
The FIX-FINP2P Protocol Interoperability Alliance will allow firms to use their existing FIX gateways to connect to the tokenisation space and avoid expenses and complexity.
“AI is really changing just how much a trader can add to the investment process. Not just through execution, but also the selection aspect of what goes into a portfolio,” asserted Rebecca Healey, co-chair EMEA regional committee at FIX Trading Community.
Regulatory fatigue a key factor in the underperformance of the European equity market a panel of experts at the FIX EMEA Trading Conference agreed.
At the FIX EMEA Trading Conference, panellists explored the scheduled shift to T+1 in North America, the impacts it will have on global jurisdictions and whether or not the UK and EU should follow suit.
Just over half of experts in the room at the FIX EMEA Trading Conference say that reducing existing requirements to focus more on guidelines should be the main priority for regulators across the board.
The objectives for 2024 are three-fold and include: interoperability, regulation and distributed ledger technology application.
Follows a string of recent additions including investment solutions provider China Post Global, as well as S&P Global and CME Group’s joint venture, OSTTRA.