The Financial Information exchange (“FIX”) is a protocol that allows financial institutions to stream trading-related data in a fast and safe manner. Xone FIX API is a method of transferring market critical data from the range of liquidity sources to your trading systems in the most efficient and trouble-free manner.
The technology is open sourced and is born through collaboration between banks, broker dealers and liquidity providers. The technology is implemented in the transferring of trading messages and data specifications between trading parties. Furthermore, the FIX protocol supports STP/DMA, which reduces the trade settlement time dramatically to new industry leading standards. Today, the FIX protocol is the pioneering messaging standard for trade communication globally.
Xone can deliver a direct, tradable feed that supports streaming of quotes, orders and execution, allowing each of our valuable clients the ability to trade directly on interbank liquidity.
Xone FIX API is the ideal solution for all traders looking for a dynamic integrated trading environment. All of this is paired with the fast execution and lowest latency Xone can offer to its clients. The system offers a long list of benefits to traders that include tight spreads, instant settlement with full price transparency, flexible any-size trades and interest multi-currency accounts.