Trading

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 the Trade Life Cycle

Reading Time: 2 minutes Hello folks, in this blog we will learn about trade life cycle. So before going into detail, one genuine question comes to mind is What is Trade life cycle? In the financial market, “trade” means to buy and/or sell securities/financial products. To explain it further, a trade is the conversion¬†of an order placed on the exchange which results in pay-in and pay-out of funds and Continue Reading

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