FIX

FIX Protocol : Pros and Cons

Reading Time: 2 minutes FIX stands Financial Information Exchange. The protocol is a highly scalable electronic communication protocol to facilitate real time exchange of information related to financial market. It has become the standard method of pre-trade, trade and post-trade communication. Market participants including banks, hedge funds, prime brokers etc, utilise FIX for their own trading means all to connect directly to clients. It is a full-fledged liquidity provider.

Introduction to FIX protocol for Trading

Reading Time: 3 minutes The Financial Information eXchange(FIX) protocol is an electronic communications protocol initiated in 1992 for international real-time exchange of information related to the securities transactions and markets. It was initiated by a group of institutions interested in streamlining their trading processes. These firms believed that they, and the industry as a whole, could benefit from efficiencies derived through the creation of a standard for the electronic Continue Reading