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Comment: Published by Scroll Versions from this space and version 1.5.76

The table below sets out the plans current plan for development of new Components for Whisperer Enterprise.Venues in Whisperer.

Please note that the Roadmap is subject to change. Contact MarketFactory if you have any particular priorities or require Venues that are not listed. 

As per the table column headers below , the table focuses on the Venue Type and Venue Role here - not the API client:

  • Venue Role Taker means that the API client would be Making to this venue.
  • If you wish to integrate with a bank, they will be the Maker, so you will be Taking liquidity.
  • Venue Role CLOB - It's a Central Limit Order Book. You can place resting Limit Orders ("Make") or aggress/trade through the book ("Take") as you wish - based on the orders you submit.
Info
titlePerspective - Venue Role

Key:

...

API Documents

MarketFactory does not provide venue API documents for client download - as we do not know what relationship, if any, an arbitrary client may have with any particular venue.

If you require any specific documentation, please contact the venue directly.

The capabilities of individual Gateways are documented in the Venue Catalogue. Please contact MarketFactory Contact if you need particular information that is not currently available.


Info
titlePerspective - Client Role

The table below sets out what roles that you, the API Client, may adopt:

  • Taker - Access liquidity offered by others.
  • Maker - Provide liquidity (LP) to others.
  • CLOB - Trade as a market participant alongside others on an order-matching platform. You can place resting Limit Orders ("Make") or aggress/trade through the book ("Take") as you wish - based on the orders you submit.
  • MarketData - consume information as to the CLOB trading activity. 


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order0,1


StatusOrganisationClient RoleVenue TypeGateway NameProducts (In-scope)APIProtocolAddedNotes
Available24 ExchangeTakerECNexchange24ESP

Venues migrated from Whisperer Classic are unbolded. New components are bolded

RFS
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datepatternyy-mm-dd
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order0,1,2
Pos.nStatusVenueAPI

SessionType

ProtocolProductsComments
1PRODFxall_QuickTradeTCPI Guide4.1.0.1-October2017.pdfVenueAsTakerJAVARFQ:{SPT, FWD, NDF, SWP, BLK}-
2PROD360T_TEX_Maker360T-RFQ_FIX_MarketMaker_v1.14.0.pdfVenueAsTakerFIX.4.4RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}Out of Scope: MM Loan, MM Deposit, FX Trade-On-Behalf (available for other products), FX Options (with hedging), FX Multi-leg Options Strategies
3PRODBloomberg_FXGOFXGO LP Version 4.1.8.pdfVenueAsTakerFIX.4.4
:{SPT, FWD, NDF,
SWP,
NDS,
BLK, NDB}
ESP:{SPT, FWD, NDF}Split Settlement
On/Offshore NDFs
SWP}24EXCHANGE.TAKER.ROE.1.25c.pdfFIX.4.42022.10.13.WE-
Available24 ExchangeCLOBECNexchange24MarketData
4PRODCurrenex_RFSFIX-RFQ-Maker-Spec v16.pdfVenueAsTakerFIX.4.4RFS
:{SPT, FWD, NDF, NDS, SWP}

Orders:{SPT, FWD, NDF, NDS
}-5UATFidessa_OrdersBuySideFixRoeMay2019.pdf
, SWP}24EXCHANGE.TAKER.ROE.1.38.pdf
CLOB OrderEntry
FIX.4.4
Orders:{FUT}Certified for LME, ICE EU and ICE US
Out of scope: EQT, OPT
2025.05.23.WE-
AvailableBAMLTakerLPbamlESP:{SPT}

BAMLX-FIX Message Specification v1.2.1.pdf

6UATXTX_Eutheniaxtx_markets_-_efx_fix_specs_1_2_1.pdfVenueAsMaker7UATCiti_CoLoCiti FxFIX Integration Guide - COLO Spot API Spec v7.0.16.pdfVenueAsMaker

FIX.4.42021.12.15.WEBAMLX API is a low-latency implementation of a subset of InstinctFX.
AvailableBAMLTakerLPbamlESP:{SPT, FWD, NDF}
Incl. Metals
Full Amount vs Sweepable

InstinctFX-FIX Message Specification v9.7.7.6.4.3.pdf

FIX.4.4
ESP:{SPT}-
2022.01.26.WE

InstinctFX

BRL NDF Onshore/Split settlement

AvailableBarclaysDropCopyLPbarx_tcrDropCopy:{SPT, FWD, NDF, SWP, NDS}BARX_FX_TCR_ROE_4.5.3.pdfFIX.4.42024.10.25.WE

-

AvailableBGCCLOBECNbgc_midfx

Orders:{SPT}

eSpeed_FIX_4-4_API.pdfFIX.4.42023.08.25.WE-
AvailableBGCDropCopyECNbgc_midfx

DropCopy:{SPT}

eSpeed_FIX_4-4_API.pdfFIX.4.42024.10.17.WE-
AvailableBGCTakerLPprecision_algoAlgo:{SPT}Precision Algos FX FIX Spec V1.0.pdfFIX.4.22023.05.19.WE-
AvailableBloombergMakerECNbloomberg_fxgo_makerRFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}
ESP:{SPT, FWD, NDF}
Fixbook Sell Side 5.0.13 Draft.pdfFIX.4.42021.06.11.WE

Also supports:

  • Split Settlement
  • On/Offshore NDFs
  • BTBS
AvailableBNP ParibasTakerLPbnpparibas_efx_algo

Orders:

{SPT}

BNP Paribas efx Algo FIX API v1.36.pdfFIX.4.42025.06.24.WE-
AvailableBNP ParibasTakerLPbnpparibas_efx_streaming
820-Q2Reuters_SBETR SBE Market Data Interface Spec 1.4.pdfCLOB MarketDataSBEMarketData:{SPT}Unscreened, timesliced920-Q2EBS_UltraEBSBrokertec_Ultra_PriceStream_Specification_v1.1.pdfCLOB MktDataITCHMarketData:{SPT, NDF}-1020-Q2CürexCürex FIX Market Data API v1.7.pdfCLOB MarketDataFIX.4.4MarketData:{SPT}Spot only - no Benchmark
Whilst spec'd Fwd/Swap are not actually supported so OOS.1120-Q2CürexCürex Bank Algo FIX API v2.0.1.pdfCLOB OrderEntryFIX.4.4Orders:{SPT}-1220-Q2Reuters MAPIThomson_Reuters_Matching_FIX_Interface_User_Guide_v1.7.01.pdfCLOB OrderEntryFIXT.1.1/FIX.5.0SP2Orders:{SPT, SWP}FIX extension package EP 100 or EP 171 required1320-Q2FXSpotStreamFSS - FIX ROE Specification_v1_4_7.pdfVenueAsMakerFIX.4.41420-Q2360T Supersonic360T-SuperSonicTex_FIX_MarketMaker_v1.6.0.pdfVenueAsTaker
ESP:{SPT, FWD, NDF}
RFS:{SPT, FWD, NDF, SWP}
Orders:{SPT, FWD, NDF}RFS require separate FIX sessions for Quotes and Orders.
BNP Paribas eFX FIX API Streaming v1.3.5.pdfFIX.4.4
ESP:{SPT, FWD, NDF, SWP, NDS, FUT}-1520-Q2CboeFX_SPT_OrdersFIXProxy_Spec v5.2.3.pdf
2021.04.15.WE-
AvailableBroadridge FinancialCLOBPlatformbroadridge_ordersOrders:{FUT}Broadridge_Spec_v2.1.13.pdf
CLOB OrderEntry
FIX.4.
2Orders:{SPT}-
42022.11.03.WE
  • ICE Futures US
  • ICE Futures Europe
  • ICE Futures Europe (Agriculture)
  • ICE Futures London
  • Eurex
  • Australian Securities Exchange (ASX)
  • Montreal Exchange (MX)
  • Singapore Exchange
  • Singapore Exchange Derivatives
  • Euronext Paris
  • Euronext Amsterdam
  • Borsa Italiana IDEM
AvailableCboeFXMktDataECNcboefx_bookfeed
1620-Q2CboeFX_BookfeedHotspotFX FIX BookFeed.pdfCLOB MktDataFIX.4.2MarketData:{SPT}-1720-Q2Fastmatch_AutoExFastmatch_AutoExCLOB MktDataFIX.4.2
MarketData:{SPT, NDF}BookFeed_Spec-
1820-Q2Fastmatch_AutoExFastmatch_AutoExCLOB OrderEntry
v3.5.1.pdfFIX.4.2, FIX.4.4
Orders:{SPT}Additional order types:
OnClose - SafeMatch
Pegged1920-Q2Integral_OCX_MakerIntegral MM API – OCX_Streaming_Orders_API_1.0.pdfCLOB OrderEntry
2020.47.VEN.ASPT - FIX.4.2, NDF - FIX.4.
3Orders:{SPT}In-flight risk mitigation
Max 1000m/s in 3s window
4
NY5 - On-SEF, LD4- Off-SEF
"Ticker updates provide only the last traded price with a quantity equal to '0' (for better preservation of anonymity). Ticker messages are sent 1
minute delayed from execution.".
"For Cboe FX SEF, the Market Ticker Update is delayed until the execution is reported to the relevant Swap Data Repository."
AvailableCboeFXMaker
CLOB
ECNcboefx_fixproxyESP:{SPT, NDF}
Orders:{SPT, NDF}
FIXProxy_Spec v6.13.pdfFIX.4.2, FIX.4.42021.01.22.WESPT - FIX.4.2, NDF - FIX.4.4
NY5 - On-SEF
Orders Feed, MarketData provided via CboeFX_NDF_Bookfeed
Whilst spec'd FWD is not actually supported so OOS.
Whilst spec'd FullAmt RFS (Persistent unset) is not actually supported so OOS.
Maker Firm or LastLook
AvailableCboeFXMktDataECNcboefx_itchMarketData:{SPT, NDF}CBOE FX ECN Itch Protocol-v1.84.pdfITCH2022.06.22.WEAlso supports the Cboe Central CLOB.
OrderDepth.
AvailableCeler TechnologiesTakerPlatformcelertechESP:{SPT, NDF}Celer Taker Maker spec v3.12 - March2021.pdfFIX.4.42021.05.10.WETechnology Provider
LD4 - NDF/Spot
AvailableCitiTakerLPciti_coloESP:{SPT}Citi FxFIX Integration Guide - COLO Spot API Spec v7.0.16.pdfFIX.4.42020.49.VEN.A-
AvailableCME/NEX GroupCLOBECNcme_ilink3_sbeOrders:{FUT}iLink3 Binary Order EntrySBE, FIXP2024.08.15.WE.REL9

Out of scope:

  • OPT
  • Quote workflow
  • Cross
AvailableCME/NEX GroupMktDataECNcme_mdp3_sbe_udpMarketData:{FUT}CME MDP 3.0 Market DataSBE, FIXP2022.07.13.WEOut of scope: OPT
AvailableCME/NEX GroupDropCopyECNcme_stpDropCopy:{SPT, NDF}CME STP EBS FX Message SpecificationFIX2024.10.16.WE.RHEL9Markets Supported:
  • EBS Market on CME Globex

EBS Direct, FUT, and SPR will be handled in the next iteration.

AvailableCME/NEX GroupCLOBECNebs_market_ilink3_sbeOrders:{SPT,NDF}iLink 3 Binary Order Entry - EBS Market on CME GlobexSBE, FIXP2021.06.11.WEincludes eFix Benchmark Fixing orders
AvailableCME/NEX GroupMktDataECNebs_market_mdp3_sbeMarketData:{SPT, NDF}CME Globex EBS Market - Market DataSBE, FIXP2021.06.11.WEeFix - Benchmark fixing orders
AvailableCME/NEX GroupMktDataECNebs_market_mdp3_sbe_udpMarketData:{SPT, NDF}CME Globex EBS Market - Market DataSBE2021.06.11.WEeFix - Benchmark fixing orders
AvailableDeutsche Börse/360TMktData
CLOB
ECNt360_gtx
2020-Q2Currenex_ITCHCXItchMarketDataServiceSpec.pdfCLOB MarketDataITCHMarketData:{SPT}Incl. Metals2120-Q2Currenex_OUCH_MakerCXOuchMakerSpec_v23.pdfCLOB OrderEntryOUCHESP:{SPT}Incl Currenex Full (Fill)2220-Q2Enterprise Book ManagerN/AWhispererSBEMarketData:{SPT, NDF}Multiple users, late join.2320-Q2BAMLXBAMLX-FIX Message Specification v1.2.pdfVenueAsMakerFIX.4.4ESP:{SPT}-2420-Q3ION TradingTBDDropCopyION BusTBDTOF, Currenex, Hotspot, EBS, Reuters, ParFX, FastMatch, GainGTX, Integral, Cürex, CME, Bloomberg EMSX2520-Q3EBS_DirectEBS Maker API Specification 2.3 - May 23 2018.pdfVenueAsTakerFIX.4.4ESP:{SPT, FWD, NDF, SWP,}
RFS:{SPT, FWD, NDF, SWP}EBS Direct & EBS Select
Dynamic and static volume bands
Sweepable, Ladder, Full Amt2620-Q3FXall_OrderBookThomson Reuters Liquidity Provider FIX Interface.pdfVenueAsTakerFIX.4.4RFS:{SPT, NDF}
ESP:{SPT, NDF}OrderBook (Anonymous via PB)
NOTE: Same API as FXall_PriceStream
No Last-Look2720-Q3Currenex_OUCHCXOuchOrderServiceSpec v14.pdfCLOB OrderEntryOUCHOrders:{SPT, FWD}-2820-Q3Fastmatch_StreamFASTMATCH Stream FIX Specification 4.0.1.pdfVenueAsTakerFIX.4.2ESP:{SPT, FWD, NDF}SettlementDate only on ExecutionReport2920-Q3CboeFX_SPT_MakerFIXProxy_Spec v5.2.3.pdfVenueAsTakerFIX.4.4ESP:{SPT}-3020-Q3EBS AiAi FIX Messages_2.0.3_LOCAL_IOC_JUNE_21.pdfCLOB MktDataFIXT.1.1/FIX5.0

MarketData:{SPT, NDF, NDS}

EBS Market & EBS Hedge (Mid Pt Matching)
eFix - Benchmark fixing orders3120-Q3EBS AiAi FIX Messages_2.0.3_LOCAL_IOC_JUNE_21.pdfCLOB OrderEntryFIXT.1.1/FIX5.0Orders:{SPT, NDF, NDS}EBS Market & EBS Hedge (Mid Pt Matching)
eFix - Benchmark fixing orders3220-Q3LMAX ExchangeLMAX Exchange FIX 4.2 API Specification v2.8.5.pdf

CLOB MktData

FIX.4.2MarketData:{SPT, NDF, FUT, CFD}Out of scope: IMM3320-Q3LMAX ExchangeLMAX Exchange FIX 4.2 API Specification v2.8.5.pdfCLOB OrderEntryFIX.4.2Orders:{SPT, NDF, FUT, CFD}Out of scope: IMM3420-Q3MOEX_MarketDataENG_Market_Data_Multicast_User_Guide.pdfCLOB MktDataFIXT.1.1/FIX.5.0SP2/FASTMarketData:{SPT, FWD}Out of Scope: FI3520-Q3MOEX_Orderspublic_fix44_interface_in_eng_v4.5.1.pdfCLOB OrderEntryFIX.4.4Orders:{SPT, FWD, SWP, FUT}Out of scope: REPO3620-Q3CurrenexFIX-Order-Spec-20190702.pdfCLOB MktDataFIX.4.2
MarketData:{SPT, FWD, NDF
, SWP, NDS}Out of scope: FI (UST)3720-Q3CurrenexFIX-Order-Spec-20190702.pdfCLOB OrderEntry
}
Orders:{SPT, FWD, NDF}
GTX_FIX_RoE_Oct2019.pdf
FIX.4.4
Orders
2021.11.04.WE-
AvailableDeutsche Börse/360TMakerECNt360_supersonic_makerESP:{SPT
, FWD, NDF, SWP, NDS}Out of scope: FI (UST)3820-Q3360T_GTXGTX
}360T-SuperSonicTex_FIX_
RoE_Oct2016
MarketMaker_v1.7.0.pdf
CLOB MktData
FIX.4.4
MarketData:{SPT, FWD, NDF, SWP, NDS}-
2020.47.VEN.A"Some systems support transport layer FIXT.1.1 and application layer FIX.5.0."
Whilst spec'd
3920-Q3360T_GTXGTX_FIX_RoE_Oct2016.pdfCLOB OrderEntryFIX.4.4Orders:{SPT,
FWD, NDF, SWP, NDS
}-4020-Q4CBOE NDFForwards-NDFs-BookFeed_Spec v1.1.1.pdfCLOB MarketDataFIX.4.4MarketData:{FWD, NDF}MarketData Feed, trades are executed via CboeFX_NDF_Orders4120-Q4CBOE NDFForwards-NDFs-FIX_OE_Spec v1.1.1.pdf
, FUT are not actually supported so OOS.
AvailableDeutsche Börse/360TTakerECNt360_texRFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}360T_RFS_FIX_MarketTaker_v13.7.pdf
CLOB OrderEntry
FIX.4.4
Orders:{FWD, NDF}-
2024.02.22.WEBank Basket functionality also supported.
AvailableDeutsche Börse/360TMakerECNt360_tex_makerRFS
4220-Q4UBS_FX2BB2B_FIX_Rules_of_Engagement 1_43.pdfVenueAsMakerFIX.4.3ESPIncl. Metals4320-Q4SocGenSGCIB FIX 4.4 Protocol V1.3.g.pdfVenueAsMaker
:{SPT, FWD, NDF
}
RFS:{SPT, FWD, NDF, SWP, NDS}
, SWP, NDS, BLK, NDB}360T-RFQ_FIX_MarketMaker_v1.17.0.pdf
FIX.4.4
ESP:{SPT, FWD, NDF, SWP. NDS}
RFS:{SPT, FWD, NDF, SWP, NDS, BLK}-4420-Q4HSBC_FX_MDSHSBC_FX_MDS_API_V6_FIX_Specification_V2.1.4.pdfVenueAsMakerFIX.4.4ESP:{SPT, FWD, NDF}"Price-For-Volume - PFV" (VWAP ladder) and "Volume-For-Price - VFP" (raw ladder providing depth of book)4520-Q4GoldmanSachsGS FX FIX Specification v7.05.pdfVenueAsMaker
Algo OrdersFIX.4.4
2021.08.20.WEOut of Scope: MM Loan, MM Deposit, FX Trade-On-Behalf (available for other products), FX Options (with hedging), FX Multi-leg Options Strategies
AvailableDeutscheBankTakerLPautobahnfx_algoAlgo:{SPT}AutobahnFX Algo FIX Specification 2.4.9.pdfFIX.4.42024.06.21.WE
AvailableDeutscheBankTakerLPautobahnfx_rapidESP:{SPT, NDF}AutobahnFX RAPID FIX Specification v1.7.2.pdfFIX.4.42022.05.13.WE

NDFs Supported since release 2024.04.08.WE:

  • APAC NDF pairs and BRL BMF1 LATAM NDF
  • SG1 Colo
  • 8am-5pm SGT (not 24/6)
  • 1M Tenor Only [BMF1 for BRL]
AvailableDeutscheBankTakerLPautobahnfx_singleleg

ESP:{FWD, NDF}

RFS:{

ESP:{SPT, FWD, NDF}
RFS:{

SPT, FWD, NDF, SWP,

BLK}
Orders:{SPT}ESP Out of scope: Fixing/Marker Orders
RFS: Out of scope: Rolls4620-Q4CME-MDP3CME_MDP3CLOB MarketDataSBEMarketData:{FUT}Out of scope: OPT4720-Q4CME-iLink2CME_iLink2CLOB OrderEntryFIX.4.2Orders:{FUT}Out of scope: OPT4820-Q4CboeFX_SPT_PricingItch_Protocol v1.68.pdfCLOB MktDataITCHMarketData:{SPT}-4920-Q4Fastmatch_PricingFASTMATCH ITCH Protocol Specification CLIENT v1.2.1.pdfCLOB MarketDataITCHMarketData:{SPT}MarketData only5020-Q4Fastmatch_OrdersFASTMATCH OUCH Protocol Specification CLIENT 1.0.13.pdfCLOB OrderEntryOUCHOrders:{SPT}-5120-Q4BNP_Paribas_eFXBNP Paribas eFX FIX API Streaming v1.2.7.pdfVenueAsMakerFIX.4.4ESP:{SPT, FWD}-5220-Q4NatWest_MarketsNatwest Markets FX FIX Rules of Engagement v5.0.28.pdfVenueAsMaker

NDS}

AutobahnFX FIX Specification (Single-Leg) 3.5.3FIX.4.32025.08.05.WE.RHEL9Spot ESP supported via autobahnfx_rapid.
AvailableEdgewater MarketsTakerLPedgewater_marketsMarketData:{SPT, NDF}
Orders:{SPT, NDF}
Edgewater API v1.01.pdfFIX.4.22020.51.VEN.A1M NDFs only.
AvailableEuronext FXMktData
CLOB
ECNfastmatch_autoexMarketData:{SPT, NDF}
Orders:{SPT, NDF}
FASTMATCH FIX Protocol Specification CLIENT 4.0.3.pdfFIX.4.2, FIX.4.42021.04.29.WE

Whilst spec'd FWD are not actually supported.
Incl. Metals
Additional order types:

  • Auction - SafeMatch
  • Pegged
AvailableEuronext FXMakerECNfastmatch_stream_makerESP:{SPT, FWD, NDF}FASTMATCH Stream FIX Specification 4.1.6.pdfFIX.4.22022.10.13.WE-
AvailableFenics FXMktData
CLOB
ECNFenicsFXMarketData:{SPT}
Orders:{SPT}
Seelucera_lumefxFIX.4.22022.01.26.WELucera API.
AvailableFXSpotStreamTakerPlatformfxspotstream
FIX.4.4
ESP:{SPT, FWD, NDF}
RFQ
RFS:{SPT, FWD, NDF, SWP
, NDS, BLK, NDB}Out of scope: FXTimeOption (similar to FWD), OPT, Fixing Orders
}
Orders:{SPT, FWD, NDF}
FSS - FIX ROE Specification_v1_5_3.pdf
5320-Q4MorganStanleyFX_ESPMorgan Stanley - FX FIX Laddered Pricing v3.3.8.pdfVenueAsMaker
FIX.4.
2ESP:{SPT, FWD, NDF, SWP, NDS}
42021.07.09.WE

RFS require separate FIX sessions for Quotes and Orders.

FSS modes:

  • Passthru - PreviouslyQuoted ESP/RFS
  • Orders - Limit Orders
AvailableFXSpotStreamTakerPlatformfxspotstream_algo

Orders:{SPT, NDF}
Algo:{SPT, NDF}

FSS - Resting & Algo Orders FIX Specification - v1.1.pdfFIX.5.0SP2 2023.03.21.WE-
AvailableFXSpotStreamCLOBPlatformfxspotstream_midmatchOrders:{SPT}FSS_MidMatchService_RulesOfEngagement_v1.16.pdfFIX.4.42022.06.22.WE-
AvailableHSBCTakerLPhsbc_fx_mdsESP:{SPT, FWD, NDF}HSBC_FX_MDS_API_FIX_Specification_V3.2.pdfFIX.4.42021.11.04.WE"Price-For-Volume - PFV" (VWAP ladder) and "Volume-For-Price - VFP" (raw ladder providing depth of book)
AvailableIntegralMakerPlatformintegral_esp_makerESP:{SPT}Integral_FXCloud_ESP_FIX_Provider_API_Guide_2.1v6.pdfFIX.4.32020.49.VEN.A-
AvailableIntegralMakerPlatformintegral_rfs_makerRFS:{SPT, FWD, NDF, SWP}Integral_FIX_Maker_API_RFS_2.1v10b.pdfFIX.4.32020.49.VEN.AFixed Spot Roll.
AvailableIntegralDropCopyPlatformintegral_stpDropCopy:{SPT, FWD, NDF, SWP}Integral_FIX_STP_1.0v10.pdfFIX.4.32024.10.29.WE-
AvailableION GroupCLOBPlatformfidessa_ordersOrders:{FUT}BuySideFixRoeMay2019.pdfFIX.4.42020.20.VEN.ACertified for LME, ICE EU and ICE US
Out of scope: EQT, OPT
AvailableLMAXMktData
CLOB
Maker
ECNlmaxMarketData:{SPT, NDF, FUT, CFD}
Orders:{SPT, NDF, FUT, CFD}
ESP:{SPT, NDF, FUT}
LMAX Exchange FIX 4.2 API Specification v2.8.5.pdfFIX.4.22020.38.VEN.A

LMAX Exchange API - almost identical to LMAX interbank.
Out of scope: IMM
Per-session Message Rate Threshold
TradeTicker is delayed 60s, for extra fee.

LMAX API offers Curex features since Curex migrated to LMAX. MF release: 2024.12.12.WE.RHEL9

NDF support was added in release: 2025.01.13.WE.RHEL9

AvailableLMAXMktData
CLOB
Maker
ECNlmaxMarketData:{SPT, FUT}
Orders:{SPT, FUT}
ESP:{SPT, FUT}
LMAX Interbank FIX 4.2 API Specification - v3.5.pdfFIX.4.22020.38.VEN.A

Out of scope: EQT, IMM (Indices)
Supports Maker ESP (no Last-Look)

LMAX Interbank was decommissioned in 2023.

AvailableLSEGCLOBECNlseg_ftgOrders:{SPT, NDF}lseg-cm-fx-trading-api-spec-v1.0.pdfFIXT.1.1, FIX.5.0SP22024.07.24.WE.REHL9

NDFs only

LSEG Spot Matching migration cancelled

AvailableLSEGDropCopyECNlseg_ptgDropCopy:{ NDF}LSEG-FX-Post-Trade-API-Spec-1.5.pdfFIXT.1.1, FIX.5.0SP22024.10.07.WE.REHL9

NDFs only

LSEG Spot Matching migration cancelled

AvailableLSEG/RefinitivCLOBECNrefinitiv_mapiOrders:{SPT, SWP}Thomson_Reuters_Matching_FIX_Interface_User_Guide_v1.7.02.pdfFIXT.1.1, FIX.5.0SP22023.05.25.WEFIX extension package EP 100 or EP 171 required
AvailableLSEG/RefinitivMktDataECNrefinitiv_matching_etaMarketData:{SPT}Thomson_Reuters_Matching_Data_Feed_Direct_User_Guide_v1.5.5.pdfC++2023.08.25.WEReuters RFA (screened & unscreened)
TOD & TOM also published for some instruments.
Domestic vs International SecurityGroups.
AvailableLSEG/Refinitiv/FXallTakerECNfxall_activetradingMarketData:{SPT, NDF}
Orders:{SPT, NDF}
Orderbook FIX Spec 1.5.1.pdfFIX.4.32021.07.09.WE-
AvailableLSEG/Refinitiv/FXallMakerECNfxall_activetrading_makerESP:{SPT}FXall Active Trading Market Make FIX Interface 2-4.pdfFIX.4.42023.11.24.WE
  • Pricestream - Disclosed
  • Orderbook - Anonymous - via PrimeBroker, a counterparty dealing code and a firm signature is provided
AvailableLSEG/Refinitiv/FXallMakerECNfxall_quicktrade_makerRFQ:{SPT, FWD, NDF, SWP, BLK}TCPI Guide 4.2.0.1-July2021.pdfJava2022.03.24.WE-
AvailableLuceraMktData
CLOB
Platformlucera_lumefxMarketData:{SPT}
Orders:{SPT}
LumeFX v2.6.1 November 2021.pdfFIX.4.22022.02.04.WETechnology provider.
AvailableMorgan StanleyTakerLPmorganstanleyfx_espESP:{SPT, FWD, NDF, SWP, NDS}Morgan Stanley - FX FIX Laddered Pricing v3.3.8.pdfFIX.4.22021.10.08.WESwaps: ON, TN, SN, SW
AvailableNomuraTakerLPnomura_espESP:{SPT, FWD, NDF}Nomura FX Streaming FIX RoE - v1.2.pdfFIX.4.42021.12.07.WE-
AvailableParFXMktDataECNparfx_marketdataMarketData:{SPT}ParFX-Market-Data-FIX-API-v2-0-0.pdfFIXT.1.1, FIX4.42023.07.06.WE-
AvailableParFXCLOBECNparfx_ordersOrders:{SPT}ParFX-Order-Entry-FIX-API-v2-0-7.pdfFIXT.1.1, FIX4.42023.09.08.WEFIX.5.0 and FIX.5.0SP2 supported
AvailableRBCTakerLPrbc_tradingESP:{SPT}RBC Trading FX SER API - FIX44-v2.1.3-efg.docFIX.4.42022.11.03.WEIndicative/Tradeable
AvailableState Street/CurrenexMakerECNcurrenex_esp_makerESP:{SPT, FWD, NDF, SWP, NDS}FIX-ESP-Maker-Spec v1.26.pdfFIX.4.42023.12.06.WE

Incl. Metals

Out of scope:

  • FI (UST)
  • RFS:{SPT, FWD, NDF, SWP, NDS}
AvailableState Street/CurrenexMktDataECNcurrenex_itchMarketData:{SPT}CXItchMarketDataServiceSpec.pdfITCH2022.05.27.WEIncl. Metals
500ms delay for Paid/Give Ticker as of 11.3
AvailableState Street/CurrenexMktDataECNcurrenex_now_itchMarketData:{SPT}Currenex_NOW_Itch_Specification_v10.pdfITCH2023.09.08.WENo delay for Paid/Give Ticker as of 11.3
AvailableState Street/CurrenexCLOBECNcurrenex_ouchOrders:{SPT, FWD}CXOuchOrderServiceSpec v23.pdfOUCH2023.02.02.WE-
AvailableState Street/CurrenexMakerECNcurrenex_rfs_makerRFS:{SPT, FWD, NDF, SWP, NDS}FIX-RFQ-Maker-Spec v16.pdfFIX.4.42020.43.VEN.B-
AvailableUBSTakerLPubs_algoAlgo:{SPT}UBS FX Execution Algo API v2.4.5.pdfFIX.4.32024.07.24.WE

-

AvailableXenfinMktData
CLOB
ECNxenfin_liquiditypoolMarketData:{SPT}
Orders:{SPT}
Xenfin FIX Specification 20191112.pdfFIX.4.42023.02.02.WE

Additional order types:

  • Stop
  • StopLimit
  • LimitStop
  • Pegged
AvailableXTX MarketsTakerLPxtx_eutheniaESP:{SPT, FWD, NDF}xtx_markets_-_efx_fix_specs_1_5-fwds.pdfFIX.4.42020.34.VEN.AIncl. MetalsFull Amount vs SweepableAddendum for TermCcy trading
Available (ESP)BarclaysTakerLPbarxESP:{SPT, FWD, NDF, SWP, NDS}Barclays_BARX FX FIX ROE_v4.6.2.pdfFIX.4.22021.11.04.WE

RFQ:Quote TTL

Out of Scope:

  • RFQ/RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}
Available (ESP)Goldman SachsTaker
Algo Orders
LPgsfxESP:{SPT, FWD, NDF}GS FX FIX Specification v7.17.pdfFIX.4.42021.11.11.WE

Out of Scope:

  • ESP Fixing/Marker Orders
  • RFS:{SPT, FWD, NDF, SWP, BLK}, Rolls
  • Orders:{SPT}
Available (ESP)JPMorganTakerLPjpmorgan_fxESP:{SPT, FWD, NDF}JPMC FX FIX Specification v1.14.06 December 2020.pdfFIX.4.22021.07.01.WE

Out of Scope:

  • RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}
Available (ESP)JPMorganAlgo OrdersLPjpmorgan_fx_algoOrders:{SPT}JPMC FX FIX Algo Specification V 1.93.pdfFIX.4.2 2025.11.06.WE
  • Algo GTC orders to be supported 
Available (ESP)NatWest MarketsTaker
Algo Orders
LPnatwest_marketsESP:{SPT, FWD, NDF}Natwest Markets FX FIX Rules of Engagement v5.0.38.pdfFIX.4.42021.12.21.WE

Out of Scope:

  • FXTimeOption (similar to FWD)
  • OPT
  • Fixing Orders
  • RFQ:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}
    Orders:{SPT}
Available (ESP)Saxo BankTakerLPsaxo_directESP:{SPT}Saxo Bank FIX specification v3.10.pdfFIX4.42021.11.19.WE-
Available (ESP)Société GénéraleTakerLPsocgenESP:{SPT, FWD, NDF}SGCIB FIX 4.4 Protocol V1.3.g.pdfFIX.4.42024.03.14.WE

Out of Scope:

  • RFS:{SPT, FWD, NDF, SWP, NDS, BLK}
Available (ESP)StandardCharteredTakerLPstandardchartered_s2bxESP:{SPT, FWD, NDF, SWP, NDS}S2BX_FX_FIX_ROE_V4.8_APRIL2020_v1.pdfFIX.4.42021.11.19.WE

Out of Scope:

  • RFQ:{SPT, FWD, NDF, SWP, NDS}
  • RFS:{SPT, FWD, NDF, SWP, NDS}
Available (ESP)State StreetTakerLPstatestreet_efxESP:{SPT, FWD, NDF}State Street FIX Order Spec_v1.8.3.pdfFIX.4.2
FIX.4.4
2023.03.02.WE

Out of Scope:

  • RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}
Available (ESP)UBSTakerLPubs_fx2bESP:{SPT, FWD, NDF}B2B_FIX_Rules_of_Engagement 1_45.pdfFIX.4.32021.12.21.WE

Incl. Metals

Out of Scope:

  • RFS:{SPT, FWD, NDF, SWP, NDS}
DeprecatedCME/NEX GroupCLOBECNcme_ilink2Orders:{FUT}iLink2 Order EntryFIX.4.22021.11.19.WE

Out of scope:

  • OPT
  • Quote workflow
  • Cross

Retained for Convenience Gateway

DeprecatedCME/NEX GroupDropCopyECNebs_cptDropCopy:{SPT,  NDF}EBS_CPTAPIv2.5.4.pdfFIX.4.42023.03.02.WEMarkets Supported:
  • EBS Market on CME Globex
DeprecatedCredit SuisseTakerLPcreditsuisse_serESP:{SPT, FWD, NDF}FIX SPEC - CS FIX SER 2.04.pdfFIX.4.22021.08.03.WEM1 NDFs only
DeprecatedCürexMktDataECNcurex_marketdataMarketData:{SPT}Cürex FIX Market Data API v2.1.pdfFIX.4.42023.02.02.WESpot only - no Benchmark
Whilst spec'd Fwd/Swap are not actually supported so OOS.
DeprecatedCürexCLOBECNcurex_ordersOrders:{SPT}Cürex Bank Algo FIX API v2.1.4.pdfFIX.4.42022.01.26.WEIncludes three markets:
- Index
- Large (FullAmt)
- P2P (min $10m, 15s)
DeprecatedLSEGMktDataECNlseg_sbe_udpMarketData:{SPT, NDF}lseg-cm-fx-market-data-api-spec-v1.0.pdfSBE-LSEG Spot Matching migration cancelled
UATBAMLTakerLPbamlRFS:{SPT, FWD, NDF}InstinctFX-FIX Message Specification v9.7.7.6.4.8.pdfFIX.4.4-

Certification Pending

UATIntegralCLOBPlatformintegral_ocx_makerOrders:{SPT}Integral MM API - OCX_Streaming_Orders_API_1.0.pdfFIX.4.32020.34.VEN.AIceberg, mid-point peg
In-flight risk mitigation
Max 1000m/s in 3s window
Essentially Maker ESP, no Last Look.
UATLSEGMktDataECNlseg_sbeMarketData:{SPT, NDF}lseg-cm-fx-market-data-api-spec-v1.0.pdfSBE/FIXP--
UATLSEG/RefinitivMktDataECNrefinitiv_rto_etaMarketData:{FUT}TransportAPI_C_RDMUsageGuide_v3.6.7.L1.pdfC++-

Refinitiv Elektron market data via Real-Time Optimised distribution platform hosted in AWS. See https://aws.amazon.com/financial-services/partner-solutions/refinitiv-real-time-optimized/ for overview.

Current implementation supports B3 BRL futures only.

Please contact MarketFactory Support if other instruments are required.

Swaps: ON, TN, SN, SW