Finextra announces the Fixed Income Connectivity Working Group's success at getting Cash Bond Fixed Income trading venues to adopt the FIX protocol for trading.

Today, a new Working Group of leading sell side banks, known as the Trading Enablement Standardisation Initiative (TESI), has been established to engage with execution venues and other stakeholders to create an open industry standard protocol for client and trader enablement on electronic trading platforms.

The article highlights the efforts of the Trading Enablement Standardisation Initiative to defining the industry standard for electronically enabling clients and traders to trade on electronic trading platforms.

New York and London — FIX Protocol Ltd (FPL), the non-profit, industry standards organisation at the heart of the global electronic trading community, today published recommended best practices and accompanying implementation guidelines for the electronic trading of bonds.