Chris Lees discusses FIX Orchestra, an XML standard document from the FIX Trading Community, designed to express a FIX specification document in a machine-readable format. With an end goal to build up a machine-readable eco-system, FIX Orchestra is designed to reduce the time it takes to onboard counterparties, and improve the overall accuracy of FIX connectivity.
FIX Trading Community describe FIX Orchestra as:
“FIX Orchestra was conceived as machine-readable rules of engagement between counterparties. As such, it is a standard for the exchange of metadata about the behaviour of FIX applications. Orchestra is intended to cut time to onboard counterparties and improve the accuracy of implementations.”
Find out more @ https://www.fixtrading.org/standards/…
Subscribe to the channel on YouTube (plus click the notifications bell) to stay up-to-date with all the videos we put out.
If there’s anything you’d like to share with us, please do leave us a comment below any of the videos, or reach out to us at happytohelp@fixspec.com.