Much of the technical standards work within the FIX Trading Community over the past several years could be classified as long tail stuff. If you will recall the long tail is providing some benefit or service to a niche or small group of users. With the main use of FIX being FIX.4.2 and FIX.4.4 based pre-trade through post-trade processing for equities, futures, options, FIX, with a smattering of fixed income thrown in for good measure, I struggle with the amount of effort we go through within the FIX community to provide features for smaller and smaller groups of users.
At the same time we have an effort going on around high performance standards that have strong technical merit, but has yet to catch that spark in the community that will lead to wide spread adoption, with the exception of the Simple Binary Encoding (SBE) championed by the CME.
In this paper Jim Northey discuss questions such as; how do we improve the standard to bring the most value to the widest number of users? Do we try and push a high performance protocol into the mainstream? Do we try and move the community to FIX.5.0SP2? Should we be doing something else?
Execution What sets Itiviti solutions and technology apart from the rest? Itiviti staff explain in their own words. Go to Itiviti solutions January 9, 2018
FIX Infrastructure Jim Northey, Senior Vice President Strategy and Research at Itiviti, talks about trends in trade automation and operational efficiency following the financial crisis. For many years resistant to the changes witnessed in other sectors, since 2010 the financial industry has started to come to terms with the need to standardize and automate to achieve operational […] October 18, 2017
FIX Infrastructure We learned last week that the ISO Technical Management Board (ISO TMB) has approved Jim Northey, the FIX Global Technical Committee Co-chair representing the Americas, as the next ISO TC68 Chair. Jim previously served seven years as FIX Americas Regional Committee Co-chair and was the initial Chair of the Global Derivatives Committee. Jim will serve as ISO […] October 8, 2017
Execution What makes Itiviti different? With deep insights into market drivers and challenges, Itiviti delivers solutions that help you stay ahead of the game. Using modular, high performance technology, the Itiviti trading platform guarantees high quality as well as extensive customization options. With new regulations consistently coming into play, Itiviti technology is built to ensure that […] October 3, 2017