This webpage has been created as a repository to store any documentation related to the usage of FIX in addressing regulatory requirements - ie. Regulation NMS, MiFID, OATS.
|ASIC - Short Sale Reporting |
12 November 2008
From 1 June 2010 the Australian Securities and Investments Commission (ASIC) requires disclosure of short positions arising from covered short sales. Reporting requirements incorporate FIX PositionReport messages.
|SFC - OTC Derivatives |
FIX Protocol Ltd _Commentary letter on the OTC derivatives regime for Hong Kong 2012 FINAL.pdf • 106KB •
20 September 2012
FPL responded to a consultation from the SFC on the OTC Derivatives regulatory regime for Hong Kong.
|IIROC - Adopted FIX 5.0 for Market Surveillance and Transaction Reporting |
6 July 2010
FPL is pleased to announce that it has developed an Extension Pack which will enable FIX 5.0 to support IIROC's new FIX-based market regulation feed specification for market surveillance and transaction reporting.
|FPL's Response to ESMA/2012/379 |
FIX Protocol Ltd _Response_Consultation on the Draft Technical Standards for the Regulation on OTC Derivatives CCPs and Trade Repositories.pdf • 308KB •
3 August 2012
On August 3rd, FPL submitted a response to the following consultation: ESMA/2012/379 - Draft Technical Standards for the Regulation on OTC Derivatives, CCPs and Trade Repositories. Please click on the link above to view FPL's response.
|FPL Proposal Submitted to CESR for an Industry Led Solution for the Establishment of a European Consolidated Tape |
FPL European Consolidated Tape Proposal.pdf • 734KB •
18 November 2010
Following consultation with the FPL European Regulatory Subcommittee, FPL produced a proposal for an industry led solution for the establishment of a Consolidated Tape Delivery Authority (CTDA) to oversee the delivery and governance of the European Consolidated Tape. To view this proposal please click on the link included in the title
|CESR - FPL's Response to Consultation CESR/10-394 |
2 July 2010
FPL responded to the following CESR consultation - CESR Technical Advice to the European Commission in the context of the MiFID Review – Equity Markets. Please click on the link above to see FPL's response.
|FPL’s Response to the CESR Call for Evidence |
FPL_CESR_Transparency.pdf • 177KB •
2 May 2006
FPL has issued a response to the call for evidence by CESR, who invited interested parties to submit their views regarding (potential) future work on transparency data publication and consolidation as a result of MiFID.
|FSA - MiFID |
Repository of MiFID information - the Markets in Financial Instruments Directive (MiFID) took effect on 1 November 2007, which promised to fundamentally change the structure of the European capital markets and is the most far reaching reform of any major financial market ever undertaken.
|IOSCO Consultation - Regulatory Issues Raised by the Impact of Technological Changes on Market Integrity and Efficiency |
IOSCOresponseAug2011.pdf • 479KB •
14 November 2011
FPL's Response to IOSCO Consultation - CR02/11 Regulatory Issues Raised by the Impact of Technological Changes on Market Integrity and Efficiency
|IOSCO Consultation - Technological Challenges to Effective Market Survelliance |
IOSCO Surveillance.pdf • 143KB •
17 October 2012
FPL's Response to IOSCO Consultation - Technological Challenges to Effective Market Survelliance
|CFTC - Enhancements to FIX for Trade Capture Report |
26 July 2010
CFTC Enhancements were made to FIX for Trade Capture Report in FIX 5.0 Service Pack 2.
|FINRA - Enhancement to Support Trade Reporting of Asset- and Mortgage-Backed Securities (Securitized Products) |
26 July 2010
Please see notice indicating that FIX will be used for Fixed Income trade reporting to TRACE (a FINRA service).
|FINRA - Market Center Transparency |
19 April 2010
Regulatory changes originating from FINRA have brought to light a gap in FIX Protocol functionality and this was the gap analysis that was developed.
|FINRA - NASDAQ ACT Technology Modifications to Support Short Sale Reporting Changes via FIX |
15 November 2011
Effective December 12, 2011, NASDAQ OMX® will implement changes to the NASDAQ ACT System to support short sale reporting designation changes to accommodate FINRA/NASDAQ Trade Reporting Facility™ (TRF) and FINRA Over-the-Counter Reporting Facility (ORF), as designated by the Financial Industry Regulatory Authority (FINRA).
ACT Trade Reporting Specifications have been updated to reflect these changes.
|FINRA - OATS |
FIX last made changes to the FIX specification for OATS as part of the OATS Phase 3 release. The fields added to the specification can be found at the above link. Most recently, on November 12, 2010, the SEC approved FINRA’s proposed rule change SR-FINRA-2010-044 to expand the OATS Rules to all NMS stocks. Since the approval, FINRA has released three updates to their specification in order to accommodate the changes required to incorporate all NMS stocks into OATS. The FPL / FIF Regulatory Working Group is currently working on a gap analysis to determine changes required to the FIX specification in order to support the OATS for NMS release. Once ready, that will be posted to the above link.
|Link to US Regulations Discussion Forum on Site |
9 July 2009
A link to the discussion forum that is utilized for any questions related to FIX and how the protocol complies with US Regulations.
|NYSE - Rule 80A Account Type Indicators |
FIX Protocol Gap Analysis Proposal - Rule 80Av1.71.doc • 198KB •
8 January 2008
In response to the evolution of program trading activities in the marketplace, NYSE has amended NYSE Rule 80A.40 to update the definition of account type indicators – “J” and “K”. These changes go into effect on June 2, 2008.
|OCC - Options Symbology Initiative |
9 July 2009
This implementation guide includes the recommended approaches to implement the OSI changes within the various versions of FIX.
|SEC - Consolidated Audit Trail |
FPLConsolidatedAuditTrailResponse_final.pdf • 39KB •
5 August 2010
Please see FPL's reponse to the Consolidated Audit Trail proposal which was submitted on August 5th, 2010.
|SEC - Market Technology Roundtable |
SECMarketTechnologyRoundtableResponse.pdf • 36KB •
19 October 2012
Response letter from FPL following the Market Technology Roundtable held on October 2nd 2012.
|SEC - Regulation NMS |
According to the SEC, “Regulation NMS includes new substantive rules that are designed to modernize and strengthen the regulatory structure of the U.S. equity markets.”
|SEC - Regulation SHO |
The regulation requires that prior to entering a short sale order, a firm must have reasonable grounds to believe that the security can be borrowed.
|SEC - Securities Transactions Settlement |
SECSECTransSett-FPLFinal.pdf • 381KB •
16 June 2004
FPL filed a response to the SEC Concept Release entitled Securities Transactions Settlement. This is the first time that FPL has responded to an SEC Concept Release. Also refer to the press release.