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Foreign Exchange
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Re: Does FIX = direct access in FX market ?
Jay Hurley / Morgan Stanley 5 Jul 2006 3:17AM ET The purpose of the FX FIX spec is to support dealable streaming prices and request for quotes for spot, outrights and swaps. This is primarily aimed at banks providing pricing to clients direct or via an intermediary and for access to FX ECNs. This is not the same as having access to the interbank market. Please take a look through the gap analysis for more detailed information: http://www.fixprotocol.org/committees/gfxc/documents
Regards,
Jay
> Hi, I am brand new to this, in fact only just learned about FIX today.
> Anyway, am I correct to assume that participants in FX market who uses
> FIX are equivalent to having direct access to the interbank system ?
>
> Please enlighten me.
>
> Thanks MCW
Re: Does FIX = direct access in FX market ? Jay Hurley / Morgan Stanley 5 Jul 2006 3:17AM ET |