FIX API

Seamless liquidity integration with FIX API

Direct FIX API connectivity lets brokers send compact, high-speed financial messages without bridge providers, cutting costs and enhancing interoperability.

See docs

Key benefits for brokers

The ability to avoid the services of bridge providers confers several advantages for brokers.

  • Low operational costs

    By integrating directly with liquidity providers, brokers avoid paying any additional fees to bridge providers.

  • Wide choice of liquidity providers

    FIX messages have a standardised format, meaning that they can be successfully sent to any liquidity provider that supports the FIX protocol.

  • High speed and efficiency

    The FIX API messages are incredibly lightweight. That means that they can be sent and read in the blink of an eye (or faster). Their use allows brokers to further improve order execution speeds, incentivising trading by retail clients.

  • Simple automation

    As all FIX API messages adhere to a pre-defined specification, programmatically sending and receiving precise financial data is simple and does not require the creation of any complex systems for communicating with liquidity providers.

  • Great stability

    By eliminating the middleman, Spotware’s FIX API also drastically reduces the chance of human or technical error interfering with the accuracy of order execution.

  • Free choice of programming language

    As FIX API is language-neutral, brokers can freely choose exactly how they will send the FIX messages to their preferred liquidity providers.

How Spotware helps brokers use FIX API

Spotware fully supports brokers who want to integrate with new liquidity providers that support FIX API. A typical process for such integration looks as follows:

  1. 1. Integration request

    A broker submits a request to connect with a new liquidity provider

  2. 2. Specification exchange

    Spotware obtains FIX API specifications and documentation from the liquidity provider

  3. 3. Adapter development

    Spotware builds a dedicated server adapter to enable FIX API communication

  4. 4. Live connectivity

    The server securely transmits financial data to the liquidity provider via FIX API