FIX
Posted: Mon Feb 09, 2004 11:50 pm
I have a hard time to find learning materials for FIX.
Any suggestions?
Any suggestions?
The working docs are at http://www.fixprotocol.org/cgi-bin/Work ... =994459967One day there'll be ISO XML - the result of the effort to converge FIX & ISO 15022 onto a single internally-consistent set of messages - complete with UML-style documentation.
But it's not complete or signed-off just yet!
And of course, current standards are found here: http://www.fixprotocol.org/cgi-bin/Spec.cgi?menu=4[...] there will be a FIX / 15022 "universal" set of message specs - one day, it has to be said - which day that will be is open to question. It's certainly some way off, so while FIX / 15022 will be an all singing, all dancing specification, I would suggest that just to "keep your eyes on the prize" you investigate FIXML 4.3 as a way to get started right now.
With regard to other standards beyond FIX I suggest that this depends on the business requirements. For "straight" cash equity front office business then FIX is great, and a lot of people are adopting FIX for fixed income, f/x and other instruments. If you are involved with derivatives in a big way then FpML is something to look at.
If you are more involved in mid/back office then there is a growing amount of FIX coverage with allocations and so on.