Financial services industry publishes roadmap for equity issuance electronification
In a step towards the first fully electronic IPO, the FIX Trading Community (FIX) and the Investment Association (IA), have published an industry best practice framework to support the modernisation of equity capital raising processes.
In a step towards the first fully electronic IPO, the FIX Trading Community (FIX) and the Investment Association (IA), have published an industry best practice framework to support the modernisation of equity capital raising processes.
BELLINGS Intelligence Score: 45
Why it matters
The publication of an industry best practice framework for equity issuance electronification signals a notable step toward modernizing capital markets infrastructure, potentially affecting equity issuance processes broadly and improving efficiency and transparency, though it is not yet a regulatory mandate or systemic shift.
Sources
Finextra
Financial services industry publishes roadmap for equity issuance electronification
In a step towards the first fully electronic IPO, the FIX Trading Community (FIX) and the Investment Association (IA), have published an industry best practice framework to support the modernisation of equity capital raising processes.