FIXing it for buy-side and sell-side firms

Members of FIX Protocol Limited’s (FPL) European Steering Committee said Dutch firm DCE Consultants, which conducted a survey, found that 14% of buy-side member firms and 17% of sell-side participants are already using the trade messaging standard FIX for foreign exchange transactions.

The results of the European FIX User Survey, completed last year, will be released fully in the next two weeks.

Those using FIX for forex have done so after applying it to their equity trading operations

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