FIX Trading Community Announces New Recommended Guidelines For The Use Of FIX In Multi Asset Classes For Post-Trade

on , from fixtradingcommunity.org

FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the release of new guidelines for the use of FIX in post-trade processing for multi asset classes and a common post-trade framework. The FIX Global Post-Trade Working Group has been focusing its efforts on how best to resolve the inefficiencies in post-trade workflow for a number of years. Following on from its work with cash equities, the working group assessed a number of different asset classes and how variations in workflow can create issues. Frequent trade breaks and slow resolution times can have a ... (Read the full story)