Real time communication with FIX API for professional traders
FIX protocol is used by many professional traders providing them with real-time communication between client, trader, investment fund or broker and liquidity provider. The API gives clients complete control over data which is sent and received without needing intermediary software.
Global Prime offers a FIX API connection for its clients. By using the FIX protocol, you can customize your trading experience to suit your specific trading strategy.
What is FIX?
FIX (Also known as Financial Information eXchange) is a protocol that has changed the trading environment immensely. It has proved to be fundamental in making electronic trading easier and more beneficial for professional traders.
FIX has become the default language of global financial markets. It is used by buy and sell-side firms, trading platforms, and regulators to aid in the communication of trade information. The FIX protocol is also a completely free piece of technology that is non-proprietary and is constantly being developed to support new technology, businesses, and regulatory needs. The protocol is used by thousands of firms all around the world and completes millions of transactions daily.
Why Use a FIX API
When utilising FIX API, you are getting a high-speed connection directly with trading servers. You don’t have to go through third party programs such as MetaTrader 4. Generally, traders will see latency as low as 1 millisecond.
Flexibility of FIX
A client may choose FIX API over other financial platforms and interfaces because other programs have limited functionality. There are also limitations from existing interfaces such as the need for two or more ticks to fill an order. This creates many problems for traders who are working with high-frequency strategies and need the fastest trades possible.
Designed for Professional Traders
Those that are looking for something more over the traditional trading experience will eventually find themselves looking at a FIX driven system. FIX offers the freedom allowing you to make trades the way you want. Traders are not held back by the limitations of conventional programs and trading systems. With an API, you have the ability to customize the experience for your own trading needs.
If you need more information or have enquiries, please don’t hesitate to contact either by phone at +612 8277 6611 or email us at email@example.com or feel free to start a live chat session right here on the website.
The information on this website is not intended to be an inducement, offer or solicitation to anyone outside of Australia. Global Prime Pty Ltd, ABN 74 146 086 017, (Global Prime) holds an Australian Financial Services Licence (AFSL) to carry on financial services business in Australia, limited to the financial services covered by its AFSL no.385620.
Any Information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information or advice on this website, you should consider the appropriateness of it (and any relevant product) having regard to your circumstances and strongly recommend you to seek independent financial advice. Please read our Financial Services Guide and current offer document which is available to be downloaded from this website or hard copies may be sent by contacting us on the details provided on this website.
All financial products involves risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Trading in margin foreign exchange and derivatives carries a high level of risk and you may incur a loss that is far greater than the amount you invested. Past performance of any product described on this website is not a reliable indication of future performance.