SWIFT Makes Progress In Securities Market, Will Map Messages To Comply With FIX 4.1
FOCUS ON FIX
NEW YORK--The Society for World wide Interbank Financial Telecommunications will modify the next release of its messaging standard in October in order to comply with version 4.1 of the Financial Information Exchange protocol.
Data mapping, or cross-correlation, between the FIX protocol and three classes of SWIFT securities messages already exists. These messages, which include the MT502 buy or sell message, the MT513 notice of execution message and the MT514 trade allocation message, were mapped
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