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Streamlining trade affirmations via the FIX protocol could help European firms avoid future fines for failing to meet new requirements for faster settlement, says Steve Grob, director of group strategy for Fidessa Group.
(Editor’s Note: Using the FIX electronic trading protocol for trade affirmations could ease some of the burdens of shortened settlement cycles, and may prevent fines for European firms facing new requirements for faster settlement, says Steve Grob, director of group strategy for London-based electronic trading platform and services vendor Fidessa Group. Over the past year,...
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