This Week: FIX; DLT report; reporting fines; derivatives tech; startups and more
A summary of the latest financial technology news.
FIX upgrades post-trade settlement communications with new message types
FIX Trading Community (FIX), an industry standards body, has launched four additional message types as its member prepare for T+1 settlement coming into effect in May 2024 in the US. The messages aim to accelerate post-trade operations and standardize settlement status communications in securities transactions.
The change to T+1 in the US has put the spotlight on efficiency in post-trade settlements as regulators look to
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