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FIA, FIA Tech Release Guidelines for Simplified Execution Source Code FIA together with affiliate FIA Tech, today announced new technical guidelines for firms to properly identify the correct brokerage when executing and clearing exchange traded derivatives.   With the proliferation of execution services, platforms and providers there is increased need for clarity in how to communicate a trade’s execution method through industry standard codes, the groups said in a statement. Brokerage discrepancies are one of the largest causes of operational friction in the reconciliation of exchange traded derivatives, and lack of standardisation has created significant costs for clearing firms and their clients, they noted, adding that by working with FIA’s membership as well as FIA Tech’s global customer base, “the industry has devised standard codes for commonly used execution methods”.