The Financial Information eXchange ("FIX") is a protocol that allows financial institutions to stream trading-related data in a fast and safe manner.
As an open source technology developed through the collaboration of banks, broker-dealers and exchanges, it is typically used when transferring trading-message specifications between trading parties. Furthermore, the FIX protocol supports STP (Straight-Through Processing), which reduces the trade settlement time dramatically. Today, the FIX protocol is the de-facto messaging standard for trade communication globally.
We support FIX protocol versions 4.1, 4.2 and 4.3.
Through a FIX API feed, Linear Markets can stream quotes directly from the banks, allowing clients and partners to link into a liquidity pool provided by some of the top tier FX banks in the world. Linear Markets' FIX API feed supports streaming of FX quotes, orders and executions.
We can deliver the feed in two ways:
Trade on interbank liquidity
For Fund Managers, Linear Markets can deliver a direct, tradable feed that supports streaming of quotes, orders and execution, allowing Fund Managers to trade directly on interbank liquidity.
Integrate liquidity to existing systems
For Financial Institutions, Linear Markets can integrate the liquidity feed into a financial institutions front-end or a third party system, allowing partners to benefit from top liquidity terms without any further integration or implementation.
Contact Linear Markets to discuss our FIX API solution
All trading involves risk. Losses can exceed deposits.