An open source that is free. It exchanges data on security transactions with a messaging standard so it is done in real time. It promises a flow of financial information across borders. It was started by US and Eurpean firms to give shorter settlements. I
Link to This DefinitionDid you find this definition of FINANCIAL INFORMATION EXCHANGE (FIX) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary