The GSX Group has joined the FIX Trading Community, sharing our membership with more than 290 of the world’s leading financial services companies such as: Goldman Sachs, HSBC, UBS, Thomson Reuters, Morgan Stanley, CME Group, Deutsche Borse and Barclays Capital.
About the FIX Trading Community
The Financial Information eXchange (FIX) Trading Community is a non-profit organisation, acting as an independent body on industry-driven standards. Positioned at the heart of global trading, FIX addresses real regulatory and business issues that impact multi-asset trading in the global markets.
The community work by FIX Trading Community involves the continual development and promotion of the ‘FIX family of standards’ encouraging standardisation, delivering operational efficiency, increasing transparency as well as reducing costs and risks for all market participants. Key aspects of these standards include the core FIX Protocol messaging language, transforming trading environments the world over.
The FIX Protocol has revolutionised trading environments, becoming instrumental in facilitating many of the electronic trading trends that have emerged over the past decade. The GSX Group aims to implement the FIX Protocol into its platforms in the near future.
Institutional-Grade Ecosystem
Through the experience of the Gibraltar Stock Exchange (GSX), the Gibraltar Blockchain Exchange (GBX) has established new industry standards for the emerging blockchain economy. In order to facilitate the consistent progress and development of our institutional-grade platforms, drawing on long-established industry standards, the GSX Group is looking to the broader financial community for support and collaboration.
The GSX Group Chief Strategy Officer, Andrew Pal, commented on the membership, stating:
“As digital asset and cryptocurrency trading becomes more institutionalised, it is imperative that this nascent industry adopts a mantra of best practice; including that of fostering consumer protection, market integrity, and best execution. In particular, membership of the FIX Trading Group will ensure the GSX Group is pro-actively at the forefront of evolving business and regulatory needs in providing buy-side firms and market participants with the requisite platform to efficiently communicate trade information.
“In this way, the GSX Group is at the vanguard of propagating the FIX Protocol within the digital asset and cryptocurrency community, and looks forward to working with the various technical committees, discussion forums and conferences to advance this cause.”
For more information on the FIX Trading Community, visit:
Website: https://www.fixtrading.org/
Twitter: https://twitter.com/FIXTrading
YouTube: https://www.youtube.com/channel/UC_v_2H-bq2xGQ5oAGJeemXg
LinkedIn: https://www.linkedin.com/groups/43143
Google+: https://plus.google.com/+FixtradingcommunityOrg
To find out more about GSX, visit:
Website: https://www.gsx.gi
LinkedIn: https://www.linkedin.com/company/gsx-limited
Facebook: https://www.facebook.com/gsxlimited/
Twitter: https://twitter.com/gibstockex
