What changes will there be to FIX messaging?
Who should I speak to about FIX messaging?
What is changing
MiFIDII requires information to be passed between trading clients, members and participants for the purposes of trade reporting, transaction reporting, record keeping, and best execution, among other things. Much of this information is required at the point of trade to facilitate downstream processes –FIX messaging is key to achieving this in practice.
Peel Hunt Approach
Peel Hunt has produced a FIX specification outlining the available fields. This specification can be found at the link below:
What does this mean for me?
FIX messaging will be upgraded on a client by client/connection by connection basis.
If you require changes to current FIX messaging with Peel Hunt, please contact email@example.com to discuss these changes in more detail.
Explore our articles on the main topics surrounding MiFID II, for a deeper insight into our approach to the new legislation.