Advancements in the speed of hardware, software and network connections prompted FIX to examine the current version of the FIX Protocol (the electronic communications protocol for real-time exchange of information related to the securities transactions) and address how the requirements for new financial applications such as high-frequency trading and market data can be met.
"FIX is a protocol which has been out there for twenty years now, which used the best technology of twenty years ago. The r
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails