




{"id":14891,"date":"2017-02-16T19:48:08","date_gmt":"2017-02-16T18:48:08","guid":{"rendered":"http:\/\/www.technical-fixprotocol.net\/?page_id=14891"},"modified":"2025-10-29T11:00:07","modified_gmt":"2025-10-29T11:00:07","slug":"mmt","status":"publish","type":"page","link":"https:\/\/www.fixtrading.org\/mmt\/","title":{"rendered":"MMT"},"content":{"rendered":"<style type=\"text\/css\"> \n#cmsmasters_row_69ceb9d93b1505_48026883 .cmsmasters_row_outer_parent { \n\tpadding-top: 50px; \n} \n\n \n#cmsmasters_row_69ceb9d93b45c2_19910093 .cmsmasters_row_outer_parent { \n\tpadding-top: 0px; \n} \n\n#cmsmasters_row_69ceb9d93b45c2_19910093 .cmsmasters_row_outer_parent { \n\tpadding-bottom: 50px; \n} \n\n \n#cmsmasters_icon_box_69ceb9d93b4ca4_30472573 { \n\tborder-width:5px; \n\tbackground-color:#c0c0c0;\n\tborder-color:#5173a6;\n} \n\n#cmsmasters_icon_box_69ceb9d93b4ca4_30472573:before, \n#cmsmasters_icon_box_69ceb9d93b4ca4_30472573 .icon_box_heading:before { \n\tfont-size:30px; \n\tline-height:40px; 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\n\tmargin-top:25px; \n\t} \n\n#cmsmasters_icon_box_69ceb9d93b6f63_55846298.cmsmasters_icon_box_top:before { \n\ttop:-25px; \n\t} \n\n#cmsmasters_icon_box_69ceb9d93b6f63_55846298 .cmsmasters_button:before { \n\tmargin-right:.5em; \n\tmargin-left:0; \n\tvertical-align:baseline; \n} \n\n#cmsmasters_icon_box_69ceb9d93b6f63_55846298 .cmsmasters_button { \n\tfont-weight:normal; \n\tfont-style:normal; \n\tborder-style:solid; \n} \n#cmsmasters_icon_box_69ceb9d93b6f63_55846298 .cmsmasters_button:hover { \n} \n \n#cmsmasters_row_69ceb9d93b73b6_87010070 .cmsmasters_row_outer_parent { \n\tpadding-top: 0px; \n} \n\n#cmsmasters_row_69ceb9d93b73b6_87010070 .cmsmasters_row_outer_parent { \n\tpadding-bottom: 50px; \n} \n\n \n#cmsmasters_row_69ceb9df4d3a89_74087823 .cmsmasters_row_outer_parent { \n\tpadding-top: 0px; \n} \n\n#cmsmasters_row_69ceb9df4d3a89_74087823 .cmsmasters_row_outer_parent { \n\tpadding-bottom: 50px; \n} \n\n\n#cmsmasters_button_69ceb9ea9396f1_10043886 { \n\ttext-align:center; \n} \n\n#cmsmasters_button_69ceb9ea9396f1_10043886 .cmsmasters_button:before { \n\tmargin-right:.5em; \n\tmargin-left:0; \n\tvertical-align:baseline; \n} \n\n#cmsmasters_button_69ceb9ea9396f1_10043886 .cmsmasters_button { \n\tfont-size:14px; \n\tfont-weight:bold; \n\tfont-style:normal; \n\tborder-style:solid; \n\tbackground-color:#252062;\n\tcolor:#ffffff;\n} \n#cmsmasters_button_69ceb9ea9396f1_10043886 .cmsmasters_button:hover { \n\tbackground-color:#5173a6;\n\tcolor:#ffffff;\n} \n \n#cmsmasters_divider_69ceb9ea9399c3_10132779 { \n\tborder-bottom-width:0px; \n\tborder-bottom-style:solid; \n\tpadding-top:50px; \n\tmargin-bottom:0px; \n} \n<\/style><div id=\"cmsmasters_row_69ceb9d93b0a70_94872577\" class=\"cmsmasters_row cmsmasters_color_scheme_default cmsmasters_row_top_default cmsmasters_row_bot_default cmsmasters_row_boxed\">\n<div class=\"cmsmasters_row_outer_parent\">\n<div class=\"cmsmasters_row_outer\">\n<div class=\"cmsmasters_row_inner\">\n<div class=\"cmsmasters_row_margin\">\n<div class=\"cmsmasters_column one_first\">\n<div class=\"cmsmasters_text\">\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"cmsmasters_row_69ceb9d93b1505_48026883\" class=\"cmsmasters_row cmsmasters_color_scheme_default cmsmasters_row_top_default cmsmasters_row_bot_default cmsmasters_row_boxed\">\n<div class=\"cmsmasters_row_outer_parent\">\n<div class=\"cmsmasters_row_outer\">\n<div class=\"cmsmasters_row_inner\">\n<div class=\"cmsmasters_row_margin\">\n<div class=\"cmsmasters_column one_first\">\n<div class=\"cmsmasters_text\">\n<h1>Market Model Typology<\/h1>\n<p>The MMT (Market Model Typology) standard originated from a FESE (Federation of European Securities Exchanges) initiative in 2011, aiming at improving the consistency and comparability of data from different data sources. From the interface point of view MMT is protocol agnostic. In order for the MMT standard to become more widely recognised and adopted, it has been placed under the FIX Protocol Limited Trust. Since then, MMT has been developed together with a broader range of industry participants, including trading venues, data vendors and data users, and has expanded into new asset classes besides equities only.<\/p>\n<p>The MMT standard provides for a common, practical and efficient solution for flagging post-trade data across various venues, and various asset classes. It delivers an efficient operational solution for fulfilling trade flagging requirements as raised in the EU MiFIR\/MiFID II (RTS 1 and RTS2) as well as in the UK corresponding legislation.<\/p>\n<p>Recent changes:<\/p>\n<ul>\n<li>Effective 1<sup>st<\/sup> Jan. 2024: EU legislation, RTS 1 and RTS 2 modifications<\/li>\n<li>Effective 1<sup>st<\/sup> Jan. 2024: FIX Recommended practices changes<\/li>\n<li>Effective Apr. 29<sup>th<\/sup> 2024: UK legislation, FCA\u2019s policy statement PS23\/4<\/li>\n<\/ul>\n<p>The next MMT release, v5.0, will be effective as of Dec. 1<sup>st<\/sup> 2025 for UK Trade reporting coinciding with the application date of FCA PS24\/14 and as of Mar. 2<sup>nd<\/sup> 2026, coinciding with the application date of the latest EU RTS 1 and RTS 2 modifications.<\/p>\n<p><a href=\"https:\/\/www.bestexecution.net\/from-the-floor-at-fix-marc-berthoud-of-six-swiss-exchange-on-the-importance-of-data-standards\/?utm_campaign=Best%20Execution&amp;utm_medium=email&amp;_hsmi=297894165&amp;_hsenc=p2ANqtz--giEemU38Fn1wi6LYBceOG1vGnAyjjh1zEn5diMVjD0cfrAzqz43gx6UJmtRqnTE4iwdgaspUkO1kTvDfjwAuTxqQrwydi4nvJnCLXyyxnUkTTqV8&amp;utm_content=297894165&amp;utm_source=hs_email\">FIX EMEA Trading Conference &#8211; MMT Webcast<\/a><\/p>\n<p>In case you may have any questions regarding MMT, please email:\u00a0<a href=\"mailto:fix@fixtrading.org\"><strong>fix@fixtrading.org<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"cmsmasters_row_69ceb9d93b3d49_50683355\" class=\"cmsmasters_row cmsmasters_color_scheme_default cmsmasters_row_top_default cmsmasters_row_bot_default cmsmasters_row_boxed\">\n<div class=\"cmsmasters_row_outer_parent\">\n<div class=\"cmsmasters_row_outer\">\n<div class=\"cmsmasters_row_inner\">\n<div class=\"cmsmasters_row_margin\">\n<div class=\"cmsmasters_column one_first\">\n<div class=\"cmsmasters_text\">\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"cmsmasters_row_69ceb9d93b45c2_19910093\" class=\"cmsmasters_row cmsmasters_color_scheme_default cmsmasters_row_top_default cmsmasters_row_bot_default cmsmasters_row_boxed\">\n<div class=\"cmsmasters_row_outer_parent\">\n<div class=\"cmsmasters_row_outer\">\n<div class=\"cmsmasters_row_inner\">\n<div class=\"cmsmasters_row_margin\">\n<div class=\"cmsmasters_column one_half\">\n\n<div id=\"cmsmasters_icon_box_69ceb9d93b4ca4_30472573\" class=\"cmsmasters_icon_box cmsmasters_icon_box_top box_icon_type_icon cmsmasters-icon-hammer\">\n<div class=\"icon_box_inner\">\n<h4 class=\"icon_box_heading\">MMT Steering Committee<\/h4>\n<div class=\"icon_box_text\">\n<p><\/p>\n<\/div>\n<a href=\"https:\/\/www.fixtrading.org\/groups\/mmtsteering\/\" class=\"cmsmasters_button icon_box_button\"><span>Committee Page<\/span><\/a>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cmsmasters_column one_half\">\n\n<div id=\"cmsmasters_icon_box_69ceb9d93b64b1_46500068\" class=\"cmsmasters_icon_box cmsmasters_icon_box_top box_icon_type_icon cmsmasters-icon-cog-alt\">\n<div class=\"icon_box_inner\">\n<h4 class=\"icon_box_heading\">MMT Technical Committee<\/h4>\n<div class=\"icon_box_text\">\n<p><\/p>\n<\/div>\n<a href=\"https:\/\/www.fixtrading.org\/groups\/mmttechnical\/\" class=\"cmsmasters_button icon_box_button\"><span>Committee Page<\/span><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"cmsmasters_row_69ceb9d93b6985_02701948\" class=\"cmsmasters_row cmsmasters_color_scheme_default cmsmasters_row_top_default cmsmasters_row_bot_default cmsmasters_row_boxed\">\n<div class=\"cmsmasters_row_outer_parent\">\n<div class=\"cmsmasters_row_outer\">\n<div class=\"cmsmasters_row_inner\">\n<div class=\"cmsmasters_row_margin\">\n<div class=\"cmsmasters_column one_first\">\n\n<div id=\"cmsmasters_icon_box_69ceb9d93b6f63_55846298\" class=\"cmsmasters_icon_box cmsmasters_icon_box_top box_icon_type_icon cmsmasters-icon-network\">\n<div class=\"icon_box_inner\">\n<h4 class=\"icon_box_heading\">MMT Adopters<\/h4>\n<div class=\"icon_box_text\">\n<p><\/p>\n<\/div>\n<a href=\"https:\/\/www.fixtrading.org\/mmt-adopters\/\" class=\"cmsmasters_button icon_box_button\"><span>Click Here<\/span><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"cmsmasters_row_69ceb9d93b73b6_87010070\" class=\"cmsmasters_row cmsmasters_color_scheme_default cmsmasters_row_top_default cmsmasters_row_bot_default cmsmasters_row_boxed\">\n<div class=\"cmsmasters_row_outer_parent\">\n<div class=\"cmsmasters_row_outer\">\n<div class=\"cmsmasters_row_inner\">\n<div class=\"cmsmasters_row_margin\">\n<div class=\"cmsmasters_column one_first\">\n<div class=\"cmsmasters_text\">\n<h2>Documents<\/h2>\n<p>Click the below links to access more detailed information.<\/p>\n<div class='w3eden'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\"   src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/pdf.png\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/mmt-model-version-v4-1-flyer\/\">MMT v4.1 Flyer<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 259.03 KB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 1981 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> October 6, 2023\n                <\/span>\n            <\/h3>\n            MMT version 4.1 includes changes to EU RTS 1 and RTS 2: application date Jan 1st, 2024 (and part of MMT version 4.0).\n...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/mmt-model-version-v4-1-flyer\/?wpdmdl=104417&refresh=69ceb9d940ddb1775155673\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><br \/>\n<div class='w3eden'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\" src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/pdf.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/mmt-4-0-flyer\/\">MMT v4.0 Flyer<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 228.39 KB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 1697 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> April 17, 2023\n                <\/span>\n            <\/h3>\n            This is the MMT Flyer that was distributed at the FIX EMEA conference.\n...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/mmt-4-0-flyer\/?wpdmdl=102844&refresh=69ceb9dbcbcd01775155675\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><br \/>\n<div class='w3eden'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\"   src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/pdf.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/mifir-review-impact-on-fix-mmt-draft\/\">MiFIR Review- Impact on FIX MMT (Draft)<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 1.89 MB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 382 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> April 29, 2025\n                <\/span>\n            <\/h3>\n            The FIX MMT Committees are currently working on delivering the FIX MMT v5.0.\nThis standard upgrade will cover the regulatory changes applicable to trade flags, as stated in the revised RTS 1, RTS 2 and...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/mifir-review-impact-on-fix-mmt-draft\/?wpdmdl=110136&refresh=69ceb9ddb8f851775155677\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"cmsmasters_row_69ceb9df4d3a89_74087823\" class=\"cmsmasters_row cmsmasters_color_scheme_default cmsmasters_row_top_default cmsmasters_row_bot_default cmsmasters_row_boxed\">\n<div class=\"cmsmasters_row_outer_parent\">\n<div class=\"cmsmasters_row_outer\">\n<div class=\"cmsmasters_row_inner\">\n<div class=\"cmsmasters_row_margin\">\n<div class=\"cmsmasters_column one_first\">\n<div class=\"cmsmasters_text\">\n<h3>MMT Model Version 5.0<\/h3>\n<div class='w3eden'>\n    <div class=''>\n\n        \n        <div id=\"content_wpdm_package_1\">\n            <div class='row'><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\" src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/xlsx.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/mmt-model-version-5-0\/\">MMT Model Version 5.0<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 376.31 KB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 1539 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> July 22, 2025\n                <\/span>\n            <\/h3>\n            MMT version 5.0\n...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/mmt-model-version-5-0\/?wpdmdl=111117&refresh=69ceb9df560d81775155679\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><\/div>            <div style='clear:both'><\/div><div class='text-center'><ul class='pagination wpdm-pagination pagination-centered text-center'><\/ul><\/div><div style='clear:both'><\/div>        <\/div>\n\n        <div style='clear:both'><\/div>\n    <\/div>\n<\/div>\n<h3>MMT Model Version 4.2<\/h3>\n<div class='w3eden'>\n    <div class=''>\n\n        \n        <div id=\"content_wpdm_package_2\">\n            <div class='row'><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\"   src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/xls.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/mmt_v4-2_18-jun-2024a\/\">MMT_v4.2_18-Jun-2024a<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 198.47 KB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 1151 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> June 19, 2024\n                <\/span>\n            <\/h3>\n            MMT version 4.2\n...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/mmt_v4-2_18-jun-2024a\/?wpdmdl=107094&refresh=69ceb9e12bf571775155681\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><\/div>            <div style='clear:both'><\/div><div class='text-center'><ul class='pagination wpdm-pagination pagination-centered text-center'><\/ul><\/div><div style='clear:both'><\/div>        <\/div>\n\n        <div style='clear:both'><\/div>\n    <\/div>\n<\/div>\n<h3>MMT Model Version 4.1<\/h3>\n<div class='w3eden'>\n    <div class=''>\n\n        \n        <div id=\"content_wpdm_package_3\">\n            <div class='row'><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\" src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/xlsx.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/mmt-initiative-mapping-matrix-v4-1\/\">MMT Initiative Mapping Matrix v4.1<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 208.08 KB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 2246 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> September 7, 2023\n                <\/span>\n            <\/h3>\n            MMT version 4.1 includes:\n\nChanges to EU RTS 1 and RTS 2: application date Jan 1st, 2024 (and part of MMT version 4.0).\nFeatures proposed by the FIX Trading Community\u2019s consolidated tape working groups...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/mmt-initiative-mapping-matrix-v4-1\/?wpdmdl=104140&refresh=69ceb9e47750c1775155684\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><\/div>            <div style='clear:both'><\/div><div class='text-center'><ul class='pagination wpdm-pagination pagination-centered text-center'><\/ul><\/div><div style='clear:both'><\/div>        <\/div>\n\n        <div style='clear:both'><\/div>\n    <\/div>\n<\/div>\n<h3>MMT Model Version 4.0<\/h3>\n<div class='w3eden'>\n    <div class=''>\n\n        \n        <div id=\"content_wpdm_package_4\">\n            <div class='row'><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\"   src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/xlsx.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/mmt-initiative-mapping-matrix-v4-0\/\">MMT Initiative Mapping Matrix v4.0<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 8.16 KB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 2438 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> March 28, 2023\n                <\/span>\n            <\/h3>\n            Version 4.0 of MMT covers changes to EU RTS 1 and RTS 2 that are expected to go live at the start of 2024. It also includes features proposed by the FIX Trading Community\u2019s consolidated tape working...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/mmt-initiative-mapping-matrix-v4-0\/?wpdmdl=102476&refresh=69ceb9e61e6221775155686\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><\/div>            <div style='clear:both'><\/div><div class='text-center'><ul class='pagination wpdm-pagination pagination-centered text-center'><\/ul><\/div><div style='clear:both'><\/div>        <\/div>\n\n        <div style='clear:both'><\/div>\n    <\/div>\n<\/div>\n<h3>MMT Model Version 3.04<\/h3>\n<div class='w3eden'>\n    <div class=''>\n\n        \n        <div id=\"content_wpdm_package_5\">\n            <div class='row'><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\"   src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/xls.png\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/mmt-initiative-mapping-matrix-v3-04\/\">MMT Initiative Mapping Matrix v3.04<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 144.73 KB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 8915 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> July 21, 2017\n                <\/span>\n            <\/h3>\n            UPDATED: 11\/2017\n...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/mmt-initiative-mapping-matrix-v3-04\/?wpdmdl=44716&refresh=69ceb9e7a21e11775155687\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\"   src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/pdf.png\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/mmt-faq-document-v3-04\/\">MMT FAQ Document v3.04<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 550.91 KB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 4887 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> April 19, 2018\n                <\/span>\n            <\/h3>\n            Update date: 01\/2020\n...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/mmt-faq-document-v3-04\/?wpdmdl=50475&refresh=69ceb9e928c4b1775155689\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><\/div>            <div style='clear:both'><\/div><div class='text-center'><ul class='pagination wpdm-pagination pagination-centered text-center'><\/ul><\/div><div style='clear:both'><\/div>        <\/div>\n\n        <div style='clear:both'><\/div>\n    <\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<\/div>\n\n<div id=\"cmsmasters_button_69ceb9ea9396f1_10043886\" class=\"button_wrap\"><a href=\"https:\/\/www.fixtrading.org\/mmt-archive\/\" class=\"cmsmasters_button\" target=\"_blank\"><span>MMT Models Version 1.0 &#8211; Version 4.1<\/span><\/a><\/div>\n\n<div id=\"cmsmasters_divider_69ceb9ea9399c3_10132779\" class=\"cl\"><\/div>\n<div class=\"cmsmasters_text\">\n<h2>Resources<\/h2>\n<p>Below please find links to MMT related extension packs. Extension Packs are created as a result of FIX community market-driven initiatives that have undergone a thorough public review process.<\/p>\n<div class='w3eden'>\n    <div class=''>\n\n        \n        <div id=\"content_wpdm_package_6\">\n            <div class='row'><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\" src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/zip.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/ep216\/\">EP216 MMTv3 Support<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 19.47 KB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 1640 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> September 30, 2016\n                <\/span>\n            <\/h3>\n            This Extension Pack supports MMT version 3.01 and the MiFID II post-trade flagging obligations.\nUpdate History\n[Resolved 2017-04-24] Corrected abbreviated name of TrdRegPublicationGrp and TrdRegPublicationType(2669)...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/ep216\/?wpdmdl=14977&refresh=69ceb9ea992cd1775155690\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\" src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/zip.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/ep163\/\">EP163 Market Model Topology (MMT) Extensions<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 2.49 MB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 1486 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> June 20, 2017\n                <\/span>\n            <\/h3>\n            This Extension Pack provides enhancements to FIX to support the MMT requirements established by the FESE for data consolidation. [UPDATED 2013-12-09] Updated FIXML Schema and FIX Repository due to updates...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/ep163\/?wpdmdl=42936&refresh=69ceb9ec160a31775155692\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\" src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/zip.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/ep186\/\">EP186 \u2013 MMT Flagging of OTC Trades<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 2.47 MB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 625 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> June 20, 2017\n                <\/span>\n            <\/h3>\n            This Extension Pack introduces a new field to facilitate an explicit distinction between automated and manual trades in support of sell-side\u2019s requirements found in the Market Model Typology (MMT) version...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/ep186\/?wpdmdl=42960&refresh=69ceb9ed8f74a1775155693\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\" src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/zip.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/ep277\/\">EP277 - MMT v4.0<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 4.40 MB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 1263 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> June 5, 2023\n                <\/span>\n            <\/h3>\n            This extension pack addresses requirements for MMT v4.0, especially for post-trade flags as identified by the European Consolidated Tape working groups (Equities and Fixed Income) and MMT Technical and...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/ep277\/?wpdmdl=103394&refresh=69ceb9ef5b61c1775155695\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\" src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/zip.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/ep283\/\">EP283 - UK Post Trade Transparency<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 3.65 MB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 2865 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> September 15, 2023\n                <\/span>\n            <\/h3>\n            This Extension Pack includes requirements for equities post-trade transparency as laid out in the UK FCA\u2019s\npolicy statement PS 23\/4 of May 2023, section 3 (https:\/\/www.fca.org.uk\/publication\/policy\/ps23-\n4.pdf).\nUpdates\n9\/22\/2023...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/ep283\/?wpdmdl=104254&refresh=69ceb9f0e2c031775155696\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\" src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/zip.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/ep286\/\">EP286 - Addendum to MMT v4.0 and v4.1<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 4.29 MB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 2135 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> January 8, 2024\n                <\/span>\n            <\/h3>\n            This extension pack includes support for MMT level 1: More granular Market Mechanisms ('Hybrid System\u2019 and \u2018Any Other excluding Hybrid\u2019) for market data messages and MMT level 2: Trading Mode \u2018On...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/ep286\/?wpdmdl=105038&refresh=69ceb9f25cd7f1775155698\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><div class='col-lg-12 col-md-12 col-12'><div class=\"well c2a3\">\n    <div class=\"media\">\n        <div class=\"mr-3\" align=\"left\">\n            <img decoding=\"async\" class=\"wpdm_icon\" alt=\"Icon\" src=\"https:\/\/www.fixtrading.org\/wp-content\/plugins\/download-manager\/assets\/file-type-icons\/zip.svg\" \/>\n        <\/div>\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt; \">\n                <a style=\"font-weight: 700; color: #255e95;\" href=\"https:\/\/www.fixtrading.org\/packages\/ep300\/\">EP300 - EU Consolidated Tape for Bonds and Equities<\/a>\n                <span style=\"font-size:8pt;font-weight:300\" class=\"text-muted ml-4\">\n                    <i class=\"fas fa-hdd mr-1\"><\/i> 5.01 MB\n                    <i class=\"ml-3 far fa-arrow-alt-circle-down mr-1\"><\/i> 4121 downloads \n                    <i class=\"ml-3 far fa-clock mr-1\"><\/i> November 6, 2025\n                <\/span>\n            <\/h3>\n            This extension pack includes enhancements needed to support the EU\u2019s consolidated tape (CT) for bonds and equities defined by ESMA as part of the MiFIR Review Final Report - Technical Standards related...<\/br>\n        <\/div>\n        <div class=\"ml-3\" align=\"right\">\n            <a class='wpdm-download-link download-on-click btn btn-primary btn-lg'  rel='nofollow' href='#' data-downloadurl=\"https:\/\/www.fixtrading.org\/packages\/ep300\/?wpdmdl=112084&refresh=69ceb9f3d0eff1775155699\">Download<\/a>\n        <\/div>\n    <\/div>\n\n<\/div><\/div><\/div>            <div style='clear:both'><\/div><div class='text-center'><ul class='pagination wpdm-pagination pagination-centered text-center'><\/ul><\/div><div style='clear:both'><\/div>        <\/div>\n\n        <div style='clear:both'><\/div>\n    <\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":36468,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.fixtrading.org\/wp-json\/wp\/v2\/pages\/14891"}],"collection":[{"href":"https:\/\/www.fixtrading.org\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.fixtrading.org\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.fixtrading.org\/wp-json\/wp\/v2\/users\/36468"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fixtrading.org\/wp-json\/wp\/v2\/comments?post=14891"}],"version-history":[{"count":39,"href":"https:\/\/www.fixtrading.org\/wp-json\/wp\/v2\/pages\/14891\/revisions"}],"predecessor-version":[{"id":112036,"href":"https:\/\/www.fixtrading.org\/wp-json\/wp\/v2\/pages\/14891\/revisions\/112036"}],"wp:attachment":[{"href":"https:\/\/www.fixtrading.org\/wp-json\/wp\/v2\/media?parent=14891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}