Financial Information
Financial Information Exchange (FIX) Application Programming Interface (API) Trading
BitTraderX always strives to provide our clients the best possible products and services through fin-tech and direct market access (DMA). Financial Information Exchange (FIX) application programming interface (API) is an electronic communications protocol for financial information exchange used in the process to place trader’s orders live on the market. Currently, WebTrader that BitTraderX applying. However, there are clients who require the use of their own FIX application, therefore, we offer FIX API which allow our clients to bypass the WebTrader and directly connect into our ECN grid using their own FIX.
Key Benefits of FIX API:
- Connects directly to BitTraderX’ bridge provider
- Direct Market Access (DMA)
- ECN integration
- Straight Through Processing (STP)
- Allows the use of other trading application
- Totally customizable
- Compatible with any FIX program
- Faster speeds and lower latency
- Direct connection to bridge provider gives higher speeds of transaction
- The use of fibre optic connectivity reduces latency
- Less physical distance for all information to travel