FIX Trading Community recommends data practices for European CTs
The industry association has published practices and workflows using FIX messaging standards for the upcoming EU consolidated tapes.
The FIX Trading Community has made recommendations for using the FIX Protocol for the upcoming European consolidated tapes covering equities and bonds.
Jim Kaye, executive director of FIX, tells WatersTechnology that the recommended practices provide firms with templates for using the FIX message schemas, mappings to the regulatory technical standards (RTS), as well as information on workflows.
FIX extended some existing FIX messages to support the regulatory requirements for the EU consolidated
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