STOCKHOLM & FRANKFURT - Swedish exchange operator and technology provider OMX and the German exchange Deutsche Borse are partnering to define a new harmonized exchange standard based on the FIX protocol.
"What we have noticed from feedback is that version four of the FIX protocol covers communication between banks very well," says a spokesperson for Deutsche Borse. "But exchanges need more details in transaction and confirmations."
"Right now, we will focus on auto-management and market data,"
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails