Respondents believe that use of the standard will increase client satisfaction
Banks and brokers are increasing their use of industry
messaging standard FIX to streamline processes and tackle back
office inefficiencies, a survey has found.
The survey by the FIX Trading Community was conducted in
January 2015 and was open to both members and non-members of
Some 95% of respondents to the study said FIX has the
potential to have the same impact in post-trade as it has had
in the front office, where it has become in the past ten years
the industry standard for exchanging trading messages.
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