FIX Trading Community set to establish digital assets-focused standards
The objectives for 2024 are three-fold and include: interoperability, regulation and distributed ledger technology application.
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.
The TRADE sits down with executive director of FIX Trading Community, Jim Kaye, to discuss the ins and outs of market outages, delving into how the standardisation of communication protocols can contribute to market stability, the practical steps being taken to implement this, and potential hurdles.
Four types of addressable liquidity have been highlighted by FIX: Interactable liquidity, multilateral liquidity, multilateral "lit" liquidity, and multilateral "lit" liquidity excluding frequent batch auctions.
Amid stagnant volumes and increasing fragmentation, the industry must draw its focus away from UK and European divergence and refocus its attention on competing with the rest of the world, writes Annabel Smith.
New message types will support the acceleration of post-trade settlement cycles as the US prepares for its shift to T+1 and other regions assess whether to follow suit.
The new date for the FIX EMEA Trading Conference is 18 September, after it was postponed due to the coronavirus pandemic.
Conference organisers have decided that going ahead with the event would put delegates and speakers at risk.
XTRD.io will work with FIX Trading Community to bring institutional money to crypto markets.
FIX Protocol now includes data and documents on MiFID II reporting, clock synchronisation and transparency requirements.