The Global Technical Committee has reviewed and preliminarily approved the MiFID II Equity Post Trade Commission Unbundling (CUB) Gap Analysis. The Global Post Trade Working Group and CUB subgroup, in conjunction with major buy-sides, sell-side and vendors, have developed a recommended practices to facilitate industry-wide implementation of post-trade processing via FIX between buy-side and sell-side firms.
The document now enters a public comment period in which public review and feedback is encouraged. Once the public comment period closes, the Global Technical Governance Board will meet to review public comments before final approval.
Please post feedback, comments, and questions as replies to this discussion thread.
A link to the proposal can be found at: http://www.fixtrading.org/packages/fix-protocol-ga-mifid-ii-equity-post-trade-commission-unbundling/
The public comment period ends on July 14, 2017.