Review on a proposal from a FIX Working Group is open until December 30
FIX Trading Community has said work to
update the FIX trading protocol has begun after the industry
body earlier this month accepted a proposal on the upgrade from
one of its regulatory sub-groups.
The industry body on December 2 accepted a proposal from the FIX
Clock Synchronisation subgroup which calls for the FIX
standard to be upgraded to support more precise reporting, in
as small as 'pico-seconds,’ as first reported by FOW in November.
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