FIX expands reach to tokenised assets through GDF partnership
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.
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.
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.