GTC Blog: FIX Latest enhanced to support algo certification (EP292)

The FIX Protocol has received a major update (EP292). The update consists of nine new FIX messages for the certification and testing of algos. MiFIR requires the following in RTS 7 Article 10(1):

Trading venues shall require their members to certify that the algorithms they deploy have been tested to avoid contributing to or creating disorderly trading conditions prior to the deployment or substantial update of a trading algorithm or trading strategy and explain the means used for that testing.

See the GTC blog for details and the EP download page for the artifacts. The visualization tool FIXimate has also been updated to FIX Latest as of EP292 .

Please provide questions or comments as feedback in this thread.

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