FIX Trading Community Updates Bond and Swaps Platform Guidelines

Daniel Marcus at Tradition
Daniel Marcus, Tradition

Meanwhile, the new guidelines for cash bonds now support the two-step negotiation process for spread trading in US credit markets, the auction trading model for wholesale markets' US treasuries trading, new post-trade allocations for fixed income, and how each of those new functions is supported by FIX's 4.4 messaging standard.

"Being able to contribute to the guidelines' development has proven very valuable, and they have been designed so as to accurately apply to existing business workflows, which has significantly eased the implementation process for the marketplace as whole," says Daniel Marcus, CEO of Trad-X, the fixed income trading platform of interdealer broker Tradition, and an early adopter of the new standards.

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here