--- title: FIX Trading Community announces revised guidelines on Execution Analysis in EMEA description: FIX Trading Community announces revised guidelines on Execution Analysis in EMEA --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/fix-trading-community-announces-revised-guidelines-on-execution-analysis-in-emea#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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These latest revisions focus on adding further clarity around Last Capacity and Liquidity flag definitions, as well as mandating all executing venues, including broker crossing and alternative trading systems, to supply valid Market Identifier Codes (MICs) on their executions. Originally produced by the FIX Trading Community Global Buy-side Committee to address inconsistencies in brokers’ reports on execution venue on fills, the guidelines have constantly been reviewed to give the Buy-side increased consistency and enhanced transparency. To meet the ongoing requirements for greater granularity, the EMEA Business Practices Subcommittee has produced a revised set of guidelines to highlight EMEA specific trade scenarios. These specifically relate to different definitions for a broker’s capacity in order execution in the region and the different execution types associated with these. To access these guidelines, please click [here](http://www.fixtradingcommunity.org/pg/file/fplpo/read/46072/fpl-execution-venue-reporting-best-practices). Irina Sonich-Bright, Director, AES Business Development, Credit Suisse, commented, “*The importance of the work being done by the FIX Trading Community is immense. The Buy-side have voiced their needs and concerns and the importance of agreeing on the uniform standards that can be adopted by the broker community. By collaborating with the Buy-side, consensus has been achieved in a very practical way.*” - ends - About FIX Trading Community FIX Trading Community is the non-profit, industry-driven standards body at the heart of global trading. The organisation is independent and neutral, dedicated to addressing real business and regulatory issues impacting multi-asset trading in global markets through standardisation, delivering operational efficiency, increased transparency, and reduced costs and risks for all market participants. Central to FIX Trading Community’s work is the continuous development and promotion of the FIX family of standards, including the core FIX Protocol messaging language, which has revolutionised the trading environment and has successfully become the way the world trades.  Visit [www.fixtradingcommunity.org](http://www.fixtradingcommunity.org/) for more information. Contact: Tim Healy FIX Trading Community Tel: +44 (0)203 440 5962 [Tim.Healy@fixtrading.org](mailto:Tim.Healy@fixtrading.org) Media contact: Aruna Inalsingh Streets Consulting Tel: 917.553.3790 Email: [Aruna.Inalsingh@Streetsconsulting.com](mailto:Aruna.Inalsingh@Streetsconsulting.com) [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/fix-trading-community-announces-revised-guidelines-on-execution-analysis-in-emea) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/fix-trading-community-announces-revised-guidelines-on-execution-analysis-in-emea) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/fix-trading-community-announces-revised-guidelines-on-execution-analysis-in-emea) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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