FIX 4.4 Draft #3 (FINAL DRAFT) Released

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Imported from previous forum

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The third and final draft of FIX 4.4 has been released and is available for download from "Specifications". This is a typographical review-only draft and is closed to new changes. Final release on April 30, 2003.

Major changes in FIX 4.4 include:

  1. Incorporates proposed changes from the BMA/FPL (Bond Market Association/FIX Protocol Limited) Global Fixed Income committee’s Gap Analysis:
  • Added/enhanced support for Repurchase Agreements, European Sovereign Debt, European Corporate Debt, and Commercial Paper FI products.
  • Quoting messages enhanced to support FI negotiation process.
  • Minor enhancements to single and muli-leg orders.
  • Enhanced Allocation and Trade Capture Report messaging to support 3rd party FI reporting.
  1. Incorporates proposed changes from the FIA (Futures Industry Association) and FPL Global Derivatives committee:
  • Enhanced Allocation messaging to support street-side listed futures and options requirements (i.e. Clearing Firms). Added new messages to support "allocation claim" or response.
  • Enhanced Trade Capture Report messaging to support block trade and exchange for physical (off floor) trade reporting for listed futures and options markets.
  • Added new messages to support Position Maintenance.

  1. Significant enhancements and general overhaul to the Allocation and Settlement Instructions messaging section in Volume 5 to include support for Confirm/Affirm and Allocation Report.

  2. Overall enhancements to Trade Capture Report messaging.

  3. Overall enhancements to multi-leg instrument support.

The ZIP file includes 7 volumes and Release Notes and can be downloaded from:
http://www.fixprotocol.org/cgi-bin/Spec.cgi?menu=4

Comments can be made under Discussion, "FIX 4.4 Changes". You may click on "Edit Profile" in order to subscribe to postings within this discussion group.

Scott Atwell
FIX Global Technical Committee co-chair