FIX Protocol Upgraded to Meet MiFID II and MiFIR Requirements

[kreslik.news]

The non-profit standards body FIX Trading Community today published a document detailing new extensions to the FIX Protocol that were needed to meet the requirements of MiFID II and MiFIR.

The changes cover MiFID related items such as trade reporting requirements, venue waiver indicators, algorithm and trader IDs and short-sell marking. The FIX Global Technical Committee has approved these changes and these are now available to use.

Irina Sonich-Bright, Business Development AES Europe, Credit Suisse, Co-Chair of the FIX Trading Community MiFID II Transparency Working Group, noted: “It is a milestone that everyone in the industry has been waiting for. Some of the work ... (read more)