Buy Side Still Not Getting its Full FIX
The most advanced market participants are still only using approximately 60 percent of the FIX messaging protocol’s full functionality, according to Kevin Bourne, global head of electronic equities, global banking and markets at HSBC, who spoke during the order and execution management panel discussion at yesterday's Best Execution event in London.
Bourne says the FIX "community" could be divided into three groups according to their sophistication and the extent to which they utilize the
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