FIX ‘Adopts’ MMT Post-Trade Data Standards

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MMT was launched by the Federation of European Securities Exchanges to provide standards for post-trade data reporting─as recommended by the Committee of European Securities Regulators (CESR), the forerunner to the current European Securities and Markets Authority (ESMA)─and support any pan-European consolidated tape.

FIX officials say the move gives all market participants access to the standard, which can also be used in non-FIX protocols, while MMT can leverage FIX's existing community to

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