Tokenized assets need better standardization, say officials at the FIX Trading Community — an industry association that manages the FIX protocol for electronic trading — and they are doing something about it in response to a call for input from the Financial Conduct Authority (FCA), a U.K. regulator, and the Bank of England. “The business… Read More >>
BNP Paribas Joins trueEX SEF
French banking giant BNP Paribas has joined the trueEX swap execution facility (SEF) offering its derivatives clients the ability to leverage direct clearing, broad support of global currencies, and low-cost execution of interest rate swaps via the trueFIX application programming interface (API) platform, officials say. In particular, the trueFIX API “provides asset managers and institutional… Read More >>
