FIX Preps ITCH Data Protocol Integration

Jim Northey

FIX Trading Community is currently performing a gap analysis exercise with the help of technology and market structure consultancy Etrading Software to identify suitable areas of ITCH to add to FIX, with a view to incorporating ITCH-style semantics—the application-level coding behind the standard—into FIX by the third quarter of this year.

The gap analysis will begin by identifying areas within FIX that need to be enhanced to support new functionalities, and features of ITCH that FIX currently l