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It needs to be understood that there is significant variation in the interpretation and implementation of all regulatory requirements across the FX market. By ensuring that all variants are accommodated, it follows that the Whisperer Enterprise SBE Schema offers a clear view of market best practice, and the potential impact to Customers intending to integrate with a wide range of Venues.

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• Pre-trade allocations.
• Order messages linked with QuoteReqID to assist supportability.
• Indicative/Tradeable QuoteType (aka Quote condition) now supported, to allow Maker ESP/RFS quote withdrawalalong with QuoteTTL and Quote Withdrawal.

Orders

Additional Time In Force support:

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Whilst the SLM remains a component of Whisperer 3.13/14, in MFSBE4 SLM API support is now deprecated in favour of our clients using Reflector, or at least using the same notification interface as used by Reflector (WHSPRR-1676):

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