Page History

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

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

Info

title	Perspective - Venue Role

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.

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

title	Perspective - 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.

RFS

Table Filter

inverse	false,false
ddSeparator	‚
sparkName	Sparkline
column	Gateway Name,API
isNew	false
sort	Status ⇧,Organisation ⇧,Gateway Name ⇧
separator	Point (.)
labels	‚API
ddSeparators	true
default	,
isFirstTimeEnter	false
ddOperator	,
cell-width	,150
datepattern	yy-mm-dd
id	1643407161409_-835540789
worklog	365\|5\|8\|y w d h m\|y w d h m
isOR	AND
order	0,1

Status	Organisation	Client Role	Venue Type	Gateway Name	Products (In-scope)	API	Protocol	Added	Notes
Available	24 Exchange	Taker	ECN	exchange24	ESP

Table Filter

inverse	false,false
ddSeparator	‚
sparkName	Sparkline
column	Gateway Name,API
isNew	false
sort	Status ⇧,Organisation ⇧,Gateway Name ⇧
separator	Point (.)
labels	‚API
ddSeparators	true
default	,
isFirstTimeEnter	false
ddOperator	,
cell-width	,150
datepattern	yy-mm-dd
id	1643407161409_-835540789
worklog	365\|5\|8\|y w d h m\|y w d h m
isOR	AND
order	0,1

Status

Organisation

Gateway Name

API

Session Type

Protocol

Products (In-scope)

Notes

Available

24 Exchange

exchange24

Celer Taker Maker spec v3.12 - March2021.pdf

VenueAsMaker

FIX.4.4

ESP:{SPT, NDF}

Vendor: Celer
LD4 - NDF/Spot

Available

BAML

baml

BAMLX-FIX Message Specification v1.2.1.pdf

VenueAsMaker

FIX.4.4

ESP:{SPT}

API is subset of baml.

Available

Bloomberg

bloomberg_fxgo_maker

Fixbook Sell Side 5.0.13 Draft.pdf

VenueAsTaker

FIX.4.4

:{SPT, FWD, NDF,

SWP, Split Settlement
On/Offshore NDFsAvailableBNPPribasbnpparibas_efx_streamingBNP Paribas eFX FIX API Streaming v1.3.5.pdfVenueAsMaker

NDS,

BLK, NDB}
ESP:{SPT, FWD, NDF}

SWP}	24EXCHANGE.TAKER.ROE.1.25c.pdf

FIX.4.4

ESP

	2022.10.13.WE	-
Available	24 Exchange	CLOB	ECN	exchange24	MarketData:{SPT, FWD, NDF, NDS, SWP}

-AvailableCboeFXcboefx_bookfeedBookFeed_Spec-v3.5.1.pdfCLOB MktDataFIX.4.2/FIX.4.4MarketData:{SPT, NDF}SPT - FIX.4.2, NDF - AvailableCboeFXcboefx_fixproxyFIXProxy_Spec v6.13.pdfVenueAsTaker
CLOB OrdersFIX.4.2/FIX.4.4ESP:{SPT, NDF}
Orders:{SPT, NDF}SPT - FIX.4.2, NDF - FIX.4.4
NY5 - On-SEF, LD4- Off-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 LastLookAvailableCiticiti_coloCiti FxFIX Integration Guide - COLO Spot API Spec v7.0.16.pdfVenueAsMakerFIX.4.4ESP:{SPT}-AvailableCME/NEX Groupcme_ilink2 https://www.cmegroup.com/confluence/display/EPICSANDBOX/iLink+Order+EntryCLOB OrdersFIX.4.2Orders:{FUT}Out of scope:
OPT
Quote workflow
Cross
Retained for Convenience GatewayAvailableCME/NEX Groupebs_market_ilink3_sbe https://www.cmegroup.com/confluence/display/EPICSANDBOX/iLink+3+Binary+Order+Entry+-+EBS+Market+on+CME+GlobexCLOB OrdersSBE/FIXPOrders:{SPT,NDF}includes eFix Benchmark Fixing ordersAvailableCME/NEX Groupebs_market_mdp3_sbe https://www.cmegroup.com/confluence/display/EPICSANDBOX/CME+Globex+EBS+Market+-+Market+DataCLOB MktDataSBE/FIXPMarketData:{SPT, NDF}eFix - Benchmark fixing ordersAvailableCME/NEX Groupebs_market_mdp3_sbe_udp https://www.cmegroup.com/confluence/display/EPICSANDBOX/CME+Globex+EBS+Market+-+Market+DataCLOB MktDataSBE/FIXPMarketData:{SPT, NDF}eFix - Benchmark fixing ordersAvailableCredit Suissecreditsuisse_serFIX SPEC - CS FIX SER 2.04.pdfVenueAsMakerFIX.4.2ESP:{SPT, FWD, NDF}M1 NDFs onlyAvailableCürexcurex_marketdataCürex FIX Market Data API v2.0.pdfCLOB MktDataFIX.4.4MarketData:{SPT}Spot only - no Benchmark
Whilst spec'd Fwd/Swap are not actually supported so OOS.AvailableCürexcurex_ordersCürex Bank Algo FIX API v2.1.4.pdfCLOB OrdersFIX.4.4Orders:{SPT}Includes three markets:
- Index
- Large (FullAmt)
- P2P (min $10m, 15s)AvailableDeutsche Börse/360Tt360_gtxGTX_FIX_RoE_Oct2019.pdfCLOB MktData
CLOB OrdersFIX.4.4MarketData:{SPT, FWD, NDF, SWP, NDS}
Orders:{SPT, FWD, NDF, SWP, NDS}-AvailableDeutsche Börse/360Tt360_supersonic_maker360T-SuperSonicTex_FIX_MarketMaker_v1.7.0.pdfVenueAsTakerFIX.4.4ESP:{SPT}"Some systems support transport layer FIXT.1.1 and application layer FIX.5.0."
Whilst spec'd FWD, NDF, SWP, NDS, FUT are not actually supported so OOS.AvailableDeutsche Börse/360Tt360_tex_maker360T-RFQ_FIX_MarketMaker_v1.17.0.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 StrategiesAvailableEdgewater Marketsedgewater_marketsEdgewater API v1.01.pdfVenueAsMakerFIX.4.2MarketData:{SPT, NDF}
Orders:{SPT, NDF}1M NDFs only.AvailableEuronext FXfastmatch_autoexFASTMATCH FIX Protocol Specification CLIENT 4.0.3.pdfCLOB MktData
CLOB OrdersFIX.4.2/FIX.4.4MarketData:{SPT, NDF}
Orders:{SPT, NDF}Whilst spec'd FWD are not actually supported so OOS.
Incl. Metals
Additional order types:
Auction - SafeMatch
PeggedAvailableFenics FXfenicsfxSee lucera_lumefxCLOB MktData
CLOB OrdersFIX.4.2MarketData:{SPT}
Orders:{SPT}Lucera API.AvailableFXSpotStreamfxspotstreamFSS - FIX ROE Specification_v1_4_8.pdfVenueAsMakerFIX.4.4ESP:{SPT, FWD, NDF}
RFS:{SPT, FWD, NDF, SWP}
Orders:{SPT, FWD, NDF}RFS require separate FIX sessions for Quotes and Orders.AvailableIntegralintegral_esp_makerIntegral_FXCloud_ESP_FIX_Provider_API_Guide_2.1v6.pdfVenueAsTakerFIX.4.3ESP:{SPT}-AvailableIntegralintegral_ocx_makerIntegral MM API - OCX_Streaming_Orders_API_1.0.pdfCLOB OrdersFIX.4.3Orders:{SPT}Iceberg, mid-point peg
In-flight risk mitigation
Max 1000m/s in 3s window
Essentially Maker ESP, no Last Look.AvailableIntegralintegral_rfs_maker

Orders:{SPT, FWD, NDF, NDS, SWP}	24EXCHANGE.TAKER.ROE.1.38.pdf	FIX.4.4	2025.05.23.WE	-
Available	BAML	Taker	LP	baml	ESP:{SPT}	BAMLX-FIX Message Specification v1.2.1.pdf	FIX.4.4

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."

2021.12.15.WE	BAMLX API is a low-latency implementation of a subset of InstinctFX.
Available	BAML	Taker	LP	baml	ESP:{SPT, FWD, NDF}	InstinctFX-FIX Message Specification v9.7.7.6.4.3.pdf	FIX.4.4	2022.01.26.WE	InstinctFX BRL NDF Onshore/Split settlement
Available	Barclays	DropCopy	LP	barx_tcr	DropCopy:{SPT, FWD, NDF, SWP, NDS}	BARX_FX_TCR_ROE_4.5.3.pdf	FIX.4.4	2024.10.25.WE	-
Available	BGC	CLOB	ECN	bgc_midfx	Orders:{SPT}	eSpeed_FIX_4-4_API.pdf	FIX.4.4	2023.08.25.WE	-
Available	BGC	DropCopy	ECN	bgc_midfx	DropCopy:{SPT}	eSpeed_FIX_4-4_API.pdf	FIX.4.4	2024.10.17.WE	-
Available	BGC	Taker	LP	precision_algo	Algo:{SPT}	Precision Algos FX FIX Spec V1.0.pdf	FIX.4.2	2023.05.19.WE	-
Available	Bloomberg	Maker	ECN	bloomberg_fxgo_maker	RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB} ESP:{SPT, FWD, NDF}	Fixbook Sell Side 5.0.13 Draft.pdf	FIX.4.4	2021.06.11.WE	Also supports: Split Settlement On/Offshore NDFs BTBS
Available	BNP Paribas	Taker	LP	bnpparibas_efx_algo	Orders: {SPT}	BNP Paribas efx Algo FIX API v1.36.pdf	FIX.4.4	2025.06.24.WE	-
Available	BNP Paribas	Taker	LP	bnpparibas_efx_streaming	ESP:{SPT, FWD, NDF}	BNP Paribas eFX FIX API Streaming v1.3.5.pdf	FIX.4.4	2021.04.15.WE	-
Available	Broadridge Financial	CLOB	Platform	broadridge_orders	Orders:{FUT}	Broadridge_Spec_v2.1.13.pdf	FIX.4.4	2022.11.03.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
Available	CboeFX	MktData	ECN	cboefx_bookfeed	MarketData:{SPT, NDF}	BookFeed_Spec-v3.5.1.pdf	FIX.4.2, FIX.4.4	2020.47.VEN.A	SPT - FIX.4.2, NDF - FIX.4.4 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."
Available	CboeFX	Maker CLOB	ECN	cboefx_fixproxy	ESP:{SPT, NDF} Orders:{SPT, NDF}	FIXProxy_Spec v6.13.pdf	FIX.4.2, FIX.4.4	2021.01.22.WE	SPT - 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
Available	CboeFX	MktData	ECN	cboefx_itch	MarketData:{SPT, NDF}	CBOE FX ECN Itch Protocol-v1.84.pdf	ITCH	2022.06.22.WE	Also supports the Cboe Central CLOB. OrderDepth.
Available	Celer Technologies	Taker	Platform	celertech	ESP:{SPT, NDF}	Celer Taker Maker spec v3.12 - March2021.pdf	FIX.4.4	2021.05.10.WE	Technology Provider LD4 - NDF/Spot
Available	Citi	Taker	LP	citi_colo	ESP:{SPT}	Citi FxFIX Integration Guide - COLO Spot API Spec v7.0.16.pdf	FIX.4.4	2020.49.VEN.A	-
Available	CME/NEX Group	CLOB	ECN	cme_ilink3_sbe	Orders:{FUT}	iLink3 Binary Order Entry	SBE, FIXP	2024.08.15.WE.REL9	Out of scope: OPT Quote workflow Cross
Available	CME/NEX Group	MktData	ECN	cme_mdp3_sbe_udp	MarketData:{FUT}	CME MDP 3.0 Market Data	SBE, FIXP	2022.07.13.WE	Out of scope: OPT
Available	CME/NEX Group	DropCopy	ECN	cme_stp	DropCopy:{SPT, NDF}	CME STP EBS FX Message Specification	FIX	2024.10.16.WE.RHEL9	Markets Supported: EBS Market on CME Globex EBS Direct, FUT, and SPR will be handled in the next iteration.
Available	CME/NEX Group	CLOB	ECN	ebs_market_ilink3_sbe	Orders:{SPT,NDF}	iLink 3 Binary Order Entry - EBS Market on CME Globex	SBE, FIXP	2021.06.11.WE	includes eFix Benchmark Fixing orders
Available	CME/NEX Group	MktData	ECN	ebs_market_mdp3_sbe	MarketData:{SPT, NDF}	CME Globex EBS Market - Market Data	SBE, FIXP	2021.06.11.WE	eFix - Benchmark fixing orders
Available	CME/NEX Group	MktData	ECN	ebs_market_mdp3_sbe_udp	MarketData:{SPT, NDF}	CME Globex EBS Market - Market Data	SBE	2021.06.11.WE	eFix - Benchmark fixing orders
Available	Deutsche Börse/360T	MktData CLOB	ECN	t360_gtx	MarketData:{SPT, FWD, NDF} Orders:{SPT, FWD, NDF}	GTX_FIX_RoE_Oct2019.pdf	FIX.4.4	2021.11.04.WE	-
Available	Deutsche Börse/360T	Maker	ECN	t360_supersonic_maker	ESP:{SPT}	360T-SuperSonicTex_FIX_MarketMaker_v1.7.0.pdf	FIX.4.4	2020.47.VEN.A	"Some systems support transport layer FIXT.1.1 and application layer FIX.5.0." Whilst spec'd FWD, NDF, SWP, NDS, FUT are not actually supported so OOS.
Available	Deutsche Börse/360T	Taker	ECN	t360_tex	RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}	360T_RFS_FIX_MarketTaker_v13.7.pdf	FIX.4.4	2024.02.22.WE	Bank Basket functionality also supported.
Available	Deutsche Börse/360T	Maker	ECN	t360_tex_maker	RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}	360T-RFQ_FIX_MarketMaker_v1.17.0.pdf	FIX.4.4	2021.08.20.WE	Out of Scope: MM Loan, MM Deposit, FX Trade-On-Behalf (available for other products), FX Options (with hedging), FX Multi-leg Options Strategies
Available	DeutscheBank	Taker	LP	autobahnfx_algo	Algo:{SPT}	AutobahnFX Algo FIX Specification 2.4.9.pdf	FIX.4.4	2024.06.21.WE
Available	DeutscheBank	Taker	LP	autobahnfx_rapid	ESP:{SPT, NDF}	AutobahnFX RAPID FIX Specification v1.7.2.pdf	FIX.4.4	2022.05.13.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]
Available	DeutscheBank	Taker	LP	autobahnfx_singleleg	ESP:{FWD, NDF} RFS:{SPT, FWD, NDF, SWP, NDS}	AutobahnFX FIX Specification (Single-Leg) 3.5.3	FIX.4.3	2025.08.05.WE.RHEL9	Spot ESP supported via autobahnfx_rapid.
Available	Edgewater Markets	Taker	LP	edgewater_markets	MarketData:{SPT, NDF} Orders:{SPT, NDF}	Edgewater API v1.01.pdf	FIX.4.2	2020.51.VEN.A	1M NDFs only.
Available	Euronext FX	MktData CLOB	ECN	fastmatch_autoex	MarketData:{SPT, NDF} Orders:{SPT, NDF}	FASTMATCH FIX Protocol Specification CLIENT 4.0.3.pdf	FIX.4.2, FIX.4.4	2021.04.29.WE	Whilst spec'd FWD are not actually supported. Incl. Metals Additional order types: Auction - SafeMatch Pegged
Available	Euronext FX	Maker	ECN	fastmatch_stream_maker	ESP:{SPT, FWD, NDF}	FASTMATCH Stream FIX Specification 4.1.6.pdf	FIX.4.2	2022.10.13.WE	-
Available	Fenics FX	MktData CLOB	ECN	FenicsFX	MarketData:{SPT} Orders:{SPT}	Seelucera_lumefx	FIX.4.2	2022.01.26.WE	Lucera API.
Available	FXSpotStream	Taker	Platform	fxspotstream	ESP:{SPT, FWD, NDF} RFS:{SPT, FWD, NDF, SWP} Orders:{SPT, FWD, NDF}	FSS - FIX ROE Specification_v1_5_3.pdf	FIX.4.4	2021.07.09.WE	RFS require separate FIX sessions for Quotes and Orders. FSS modes: Passthru - PreviouslyQuoted ESP/RFS Orders - Limit Orders
Available	FXSpotStream	Taker	Platform	fxspotstream_algo	Orders:{SPT, NDF} Algo:{SPT, NDF}	FSS - Resting & Algo Orders FIX Specification - v1.1.pdf	FIX.5.0SP2	2023.03.21.WE	-
Available	FXSpotStream	CLOB	Platform	fxspotstream_midmatch	Orders:{SPT}	FSS_MidMatchService_RulesOfEngagement_v1.16.pdf	FIX.4.4	2022.06.22.WE	-
Available	HSBC	Taker	LP	hsbc_fx_mds	ESP:{SPT, FWD, NDF}	HSBC_FX_MDS_API_FIX_Specification_V3.2.pdf	FIX.4.4	2021.11.04.WE	"Price-For-Volume - PFV" (VWAP ladder) and "Volume-For-Price - VFP" (raw ladder providing depth of book)
Available	Integral	Maker	Platform	integral_esp_maker	ESP:{SPT}	Integral_FXCloud_ESP_FIX_Provider_API_Guide_2.1v6.pdf	FIX.4.3	2020.49.VEN.A	-
Available	Integral	Maker	Platform	integral_rfs_maker	RFS:{SPT, FWD, NDF, SWP}

Integral_FIX_Maker_API_RFS_2.1v10b.pdf

VenueAsTaker

FIX.4.3

RFS

	2020.49.VEN.A	Fixed Spot Roll.
Available	Integral	DropCopy	Platform	integral_stp	DropCopy:{SPT, FWD

, NDF, SWP}

Integral_FIX_STP_1.0v10.pdf

FIX.4.3

2024.10.29.WE

-

Fixed Spot Roll.


Available	ION Group	CLOB	Platform	fidessa_orders	Orders:{FUT}	BuySideFixRoeMay2019.pdf

CLOB Orders

FIX.4.4

Orders:{FUT}LMAX Exchange FIX 4.2 API Specification v2.8.5.pdf

2020.20.VEN.A	Certified for LME, ICE EU and ICE US Out of scope: EQT, OPT
Available	LMAX

lmax

MktData

CLOB

MktData

CLOB Orders

Maker

VenueAsTaker

ECN

lmax

FIX.4.2

MarketData:{SPT, NDF, FUT, CFD}
Orders:{SPT, NDF, FUT, CFD}
ESP:{SPT, NDF, FUT}

LMAX Exchange FIX 4.2 API Specification v2.8.5.pdf

FIX.4.2

2020.38.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

Available

LMAX

lmaxLMAX Interbank FIX 4.2 API Specification - v3.5.pdfCLOB MktData
CLOB Orders
VenueAsTaker

MktData
CLOB
Maker

ECN

lmax

FIX.4.2

MarketData:{SPT, FUT}
Orders:{SPT, FUT}
ESP

:{SPT, FUT}Out of scope: EQT, IMM (Indices)

:{SPT, FUT}

LMAX Interbank FIX 4.2 API Specification - v3.5.pdf

FIX.4.2

2020.38.VEN.A

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

LMAX Interbank was decommissioned in 2023.

Available

Luceralucera_lumefxLumeFX v2.6.1 November 2021.pdfCLOB MktData
CLOB OrdersFIX.4.2MarketData:{SPT}
Orders:{SPT}Technology provider.
Out of Scope: DropcopyAvailableMorgan Stanleymorganstanleyfx_espMorgan Stanley - FX FIX Laddered Pricing v3.3.8.pdfVenueAsMakerFIX.4.2ESP:{SPT, FWD, NDF, SWP, NDS}Swaps: ON, TN, SN, SWAvailableNomuranomura_espNomura FX Streaming FIX RoE - v1.2.pdfVenueAsMakerFIX.4.4ESP:{SPT}FWDs spec'd but not supported yet.AvailableRefinitiv/FXallfxall_activetradingOrderbook FIX Spec 1.5.1.pdfVenueAsMakerFIX.4.3MarketData:{SPT, NDF}
Orders:{SPT, NDF}-AvailableRefinitiv/FXallfxall_quicktrade_makerTCPI Guide 4.2.0.1-July2021.pdfVenueAsTakerJavaRFQ:{SPT, FWD, NDF, SWP, BLK}-AvailableState Street/Currenexcurrenex_rfs_makerFIX-RFQ-Maker-Spec v16.pdfVenueAsTakerFIX.4.4RFS:{SPT, FWD, NDF, SWP, NDS}Supported pairs and tenorsAvailableXTX Marketsxtx_eutheniaxtx_markets_-_efx_fix_specs_1_5-fwds.pdfVenueAsMakerFIX.4.4ESP:{SPT, FWD, NDF}Incl. MetalsFull Amount vs SweepableAddendum for TermCcy tradingAvailable (ESP)BAMLbamlInstinctFX-FIX Message Specification v9.7.7.6.pdfVenueAsMakerFIX.4.4

LSEG	CLOB	ECN	lseg_ftg	Orders:{SPT, NDF}	lseg-cm-fx-trading-api-spec-v1.0.pdf	FIXT.1.1, FIX.5.0SP2	2024.07.24.WE.REHL9	NDFs only LSEG Spot Matching migration cancelled
Available	LSEG	DropCopy	ECN	lseg_ptg	DropCopy:{ NDF}	LSEG-FX-Post-Trade-API-Spec-1.5.pdf	FIXT.1.1, FIX.5.0SP2	2024.10.07.WE.REHL9	NDFs only LSEG Spot Matching migration cancelled
Available	LSEG/Refinitiv	CLOB	ECN	refinitiv_mapi	Orders:{SPT, SWP}	Thomson_Reuters_Matching_FIX_Interface_User_Guide_v1.7.02.pdf	FIXT.1.1, FIX.5.0SP2	2023.05.25.WE	FIX extension package EP 100 or EP 171 required
Available	LSEG/Refinitiv	MktData	ECN	refinitiv_matching_eta	MarketData:{SPT}	Thomson_Reuters_Matching_Data_Feed_Direct_User_Guide_v1.5.5.pdf	C++	2023.08.25.WE	Reuters RFA (screened & unscreened) TOD & TOM also published for some instruments. Domestic vs International SecurityGroups.
Available	LSEG/Refinitiv/FXall	Taker	ECN	fxall_activetrading	MarketData:{SPT, NDF} Orders:{SPT, NDF}	Orderbook FIX Spec 1.5.1.pdf	FIX.4.3	2021.07.09.WE	-
Available	LSEG/Refinitiv/FXall	Maker	ECN	fxall_activetrading_maker	ESP:{SPT}	FXall Active Trading Market Make FIX Interface 2-4.pdf	FIX.4.4	2023.11.24.WE	Pricestream - Disclosed Orderbook - Anonymous - via PrimeBroker, a counterparty dealing code and a firm signature is provided
Available	LSEG/Refinitiv/FXall	Maker	ECN	fxall_quicktrade_maker	RFQ

ESP:{SPT, FWD, NDF}
RFS

:{SPT, FWD, NDF, SWP,

NDS}
Algo Orders:{SPT, FWD}BRL NDF Onshore/Split settlement
FUT?

BLK}	TCPI Guide 4.2.0.1-July2021.pdf	Java	2022.03.24.WE	-
Available	Lucera	MktData CLOB	Platform	lucera_lumefx	MarketData:{SPT} Orders:{SPT}	LumeFX v2.6.1 November 2021.pdf	FIX.4.2	2022.02.04.WE	Technology provider.
Available	Morgan Stanley	Taker	LP	morganstanleyfx_esp

Available (ESP)BarclaysbarxBarclays_BARX FX FIX ROE_v4.6.2.pdfVenueAsMakerFIX.4.2ESP:{SPT, FWD, NDF, SWP, NDS}
RFQ/RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}RFQ:Quote TTL
Pre/Post AllocationsAvailable (ESP)Goldman SachsgsfxGS FX FIX Specification v7.17.pdfVenueAsMaker
Algo OrdersFIX.4.4

ESP:{SPT, FWD, NDF

}
RFS:{SPT

,

FWD, NDF,

SWP,

BLK}
Orders:{SPT}ESP Out of scope: Fixing/Marker Orders
RFS: Out of scope: RollsAvailable (ESP)JPMorganjpmorgan_fxJPMC FX FIX Specification v1.14.06 December 2020.pdf?api=v2

NDS}	Morgan Stanley - FX FIX Laddered Pricing v3.3.8.pdf

VenueAsMaker

FIX.4.2

ESP:{SPT, FWD, NDF}
RFS

2021.10.08.WE	Swaps: ON, TN, SN, SW
Available	Nomura	Taker	LP	nomura_esp	ESP:{SPT, FWD, NDF

, SWP, NDS, BLK, NDB}

Available
}	Nomura FX Streaming FIX RoE - v1.2.pdf	FIX.4.4	2021.12.07.WE	-

(ESP)NatWest Marketsnatwest_marketsNatwest Markets FX FIX Rules of Engagement v5.0.38.pdfVenueAsMaker
Algo OrdersFIX.4.4

	ParFX	MktData	ECN	parfx_marketdata	MarketData:{SPT}	ParFX-Market-Data-FIX-API-v2-0-0.pdf	FIXT.1.1, FIX4.4	2023.07.06.WE	-
Available	ParFX	CLOB	ECN	parfx_orders

ESP:{SPT, FWD, NDF}
RFQ:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}

Orders:{SPT}

Out of scope: FXTimeOption (similar to FWD), OPT, Fixing Orders

ParFX-Order-Entry-FIX-API-v2-0-7.pdf	FIXT.1.1, FIX4.4	2023.09.08.WE	FIX.5.0 and FIX.5.0SP2 supported
Available	RBC	Taker	LP	rbc_trading	ESP:{SPT}	RBC Trading FX SER API - FIX44-v2.1.3-efg.doc	FIX.4.4	2022.11.03.WE	Indicative/Tradeable
Available	State Street/Currenex	Maker	ECN	currenex_esp_maker

Available (ESP)StandardCharteredstandardchartered_s2bxS2BX_FX_FIX_ROE_V4.8_APRIL2020_v1.pdfVenueAsMakerFIX.4.4RFQ:{SPT, FWD, NDF, SWP, NDS}
RFS:{SPT, FWD, NDF, SWP, NDS}
ESP:{SPT, FWD, NDF, SWP, NDS}-Available (ESP)UBSubs_fx2bB2B_FIX_Rules_of_Engagement 1_45.pdfVenueAsMakerFIX.4.3

ESP:{SPT, FWD, NDF

}
RFS:{SPT, FWD

,

NDF,

SWP, NDS}

Incl. MetalsInProgressCME/NEX Groupcme_mdp3_sbe_udp https://www.cmegroup.com/confluence/display/EPICSANDBOX/CME+MDP+3.0+Market+DataCLOB MktDataSBE/FIXPMarketData:{FUT}Out of scope: OPTInProgressDeutsche Börse/360T/GTXt360_gtx_makerGTX_FIX_LP_Jun2019.pdfVenueAsTakerFIX.4.4ESP:{SPT, FWD, NDF}LastLook and Firm pricing
Anonymous(?)InProgressDeutscheBankautobahnfx_rapidAutobahnFX RAPID FIX Specification v1.2.pdfVenueAsMakerFIX.4.4ESP:{SPT}NDFs launching soon but with these limitations:
- APAC NDF Pairs only (no LATAM)
- SG1 Colo
- 8am-5pm SGT (not 24/6)
- 1M Tenor OnlyAvailableHSBChsbc_fx_mdsHSBC_FX_MDS_API_FIX_Specification_V3.2.pdfVenueAsMakerFIX.4.4

FIX-ESP-Maker-Spec v1.26.pdf	FIX.4.4	2023.12.06.WE	Incl. Metals Out of scope: FI (UST) RFS:{SPT, FWD, NDF, SWP, NDS}
Available	State Street/Currenex	MktData	ECN	currenex_itch	MarketData:{SPT}	CXItchMarketDataServiceSpec.pdf	ITCH	2022.05.27.WE	Incl. Metals 500ms delay for Paid/Give Ticker as of 11.3
Available	State Street/Currenex	MktData	ECN	currenex_now_itch	MarketData:{SPT}	Currenex_NOW_Itch_Specification_v10.pdf	ITCH	2023.09.08.WE	No delay for Paid/Give Ticker as of 11.3
Available	State Street/Currenex	CLOB	ECN	currenex_ouch	Orders:{SPT, FWD}	CXOuchOrderServiceSpec v23.pdf	OUCH	2023.02.02.WE	-
Available	State Street/Currenex	Maker	ECN	currenex_rfs_maker	RFS

ESP

:{SPT, FWD, NDF, SWP, NDS}

"Price

FIX-

For

RFQ-

Volume - PFV" (VWAP ladder) and "Volume-For-Price - VFP" (raw ladder providing depth of book)

Maker-Spec v16.pdf	FIX.4.4	2020.43.VEN.B	-
Available	UBS	Taker	LP	ubs_algo	Algo:{SPT}	UBS FX Execution Algo API v2.4.5.pdf	FIX.4.3	2024.07.24.WE	-
Available	Xenfin	MktData CLOB	ECN	xenfin_liquiditypool	MarketData:{SPT} Orders:{SPT}	Xenfin FIX Specification 20191112.pdf	FIX.4.4	2023.02.02.WE	Additional order types: Stop StopLimit LimitStop Pegged
Available	XTX Markets	Taker	LP	xtx_euthenia	ESP:{SPT, FWD, NDF}	xtx_markets_-_efx_fix_specs_1_5-fwds.pdf	FIX.4.4	2020.34.VEN.A	Incl. MetalsFull Amount vs SweepableAddendum for TermCcy trading
Available (ESP)	Barclays	Taker	LP	barx	ESP

InProgressJumpTradingjump_liquidityJLQD_CptyFIXSpec_v2.2.pdfVenueAsMakerFIX.4.2ESP:{SPT, NDF, CFD, FUT}Out of Scope: FIInProgressRefinitivreuters_sbeMarket Data Service Refinitiv SBE Market Data Interface Spec 1.10.pdfCLOB MktDataSBEMarketData:{SPT, FWD}Unscreened, timesliced
TOD & TOM also published for some instruments.
Domestic vs International SecurityGroups.InProgressState Street/Currenexcurrenex_esp_makerFIX-ESP-Maker-Spec v1.26.pdfVenueAsTakerFIX.4.4ESP:{SPT, FWD, NDF, SWP, NDS}
RFSIncl. Metals
Out of scope: FI (UST)InProgressState Street/Currenexcurrenex_now_itchCurrenex_NOW_Itch_Specification_v10.pdfCLOB MktDataITCHMarketData:{SPT}No delay for Paid/Give Ticker as of 11.3InProgressState Street/Currenexcurrenex_nr_makerFIX_Maker_Spec_NR v1.0.pdfVenueAsTaker

:{SPT, FWD, NDF, SWP, NDS

}

}	Barclays_BARX FX FIX ROE_v4.6.2.pdf

FIX.4.2

2021.11.04.WE

RFQ:Quote TTL

Out of Scope:

RFQ/RFS

ESPInProgress

:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}

-

Available (ESP

)State Streetstatestreet_efxState Street FIX Order Spec_v1.8.3.pdfVenueAsMaker

)	Goldman Sachs	Taker Algo Orders	LP	gsfx	ESP:{SPT, FWD, NDF}	GS FX FIX Specification v7.17.pdf	FIX.4.

2

4

FIX

2021.11.

4.4ESP:{SPT, FWD, NDF}

11.WE

Out of Scope:

ESP Fixing/Marker Orders
RFS:{SPT, FWD, NDF, SWP,

NDS,

BLK

, NDB

}, Rolls
Orders:{SPT}

-

Available (ESP)	JPMorgan	Taker	LP	jpmorgan_fx	ESP

Q1/22CboeFXcboefx_ecn_itchItch_Protocol-v1.76.pdfCLOB MktDataITCHMarketData

:{SPT, FWD, NDF}

Also supports the Cboe Central CLOB.
OrderDepth.Q1/22CboeFXcboefx_linkdirect_itchItch_Protocol_LinkDirect_m21 v1.0.pdfCLOB MktDataITCHMarketData:{SPT}Many - 1Q1/22CME/NEX Groupebs_direct_maker https://www.cmegroup.com/confluence/display/EPICSANDBOX/EBS+Direct+2.0+-+Maker+API+Rules+of+EngagementVenueAsTakerFIX.4.4

JPMC FX FIX Specification v1.14.06 December 2020.pdf

FIX.4.2

2021.07.01.WE

Out of Scope:

RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}

Available (ESP)

JPMorgan

Algo Orders

LP

jpmorgan_fx_algo

Orders:{SPT}

JPMC FX FIX Algo Specification V 1.93.pdf

FIX.4.2

2025.11.06.WE

Algo GTC orders to be supported

Available (ESP)

NatWest Markets

Taker
Algo Orders

LP

natwest_markets

ESP

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

:{SPT, FWD, NDF

, SWP}EBS Direct & EBS Select
Dynamic and static volume bands
Sweepable, Ladder, Full Amt

}

Natwest Markets FX FIX Rules of Engagement v5.0.38.pdf

FIX.4.4

2021.12.21.WE

Out of Scope:

FXTimeOption (similar to FWD)
OPT
Fixing Orders
RFQ

Q1/22Euronext FXfastmatch_stream_makerFASTMATCH Stream FIX Specification 4.1.6.pdfVenueAsTakerFIX.4.2ESP

:{SPT, FWD, NDF

}-Q1/22Integralintegral_ocx_marketdataOCX_Market_Data_API_1.0v12.pdfCLOB MktDataFIX.4.3MarketData:{SPT}-Q1/22RBCrbc_tradingRBC Trading FX Rates API - FIX 4.4 - v2.0.6.pdfVenueAsMakerFIX.4.4Market Data:{SPT, FWD}
Orders:{SPT, FWD}Indicative/TradeableQ1/22Refinitivreuters_mapiThomson_Reuters_Matching_FIX_Interface_User_Guide_v1.7.02.pdfCLOB OrdersFIXT.1.1/FIX.5.0SP2Orders:{SPT, SWP}FIX extension package EP 100 or EP 171 requiredQ1/22Refinitivreuters_rfaThomson_Reuters_Matching_Data_Feed_Direct_User_Guide_v1.5.5.pdfCLOB MktDataC++/Java/.NETMarketData:{SPT}250ms timesliceQ1/22State Streetcurrenex_ouchCXOuchOrderServiceSpec v14.pdfCLOB OrdersOUCHOrders:{SPT, FWD}-Q1/22State Street/Currenexcurrenex_itchCXItchMarketDataServiceSpec.pdfCLOB MktDataITCHMarketData:{SPT}Incl. Metals
500ms delay for Paid/Give Ticker as of 11.3Q1/22State Street/Currenexcurrenex_ouch_makerCXOuchMakerSpec_v23.pdfVenueAsTakerOUCHESP:{SPT}Incl Currenex Full (Fill)Q2/22BGCbgc_midfxeSpeed_FIX_4-4_API.pdfCLOB OrdersFIX.4.4MarketData:{SPT}
Orders:{SPT}-Q2/22BTMUbtmuTBCVenueAsMakerFIX ???TBCaka MUFGQ2/22Commerzbankcommerzbank_commanderCommerzbank - Commander_Rules_Of_Engagement_Jan2014.pdfVenueAsMakerFIX.4.4RFQ:{SPT, FWD, NDF, SWP, NDS}

, SWP, NDS, BLK, NDB} Orders:{SPT}
Available (ESP)	Saxo Bank	Taker	LP	saxo_direct	ESP:{SPT}	Saxo Bank FIX specification v3.10.pdf	FIX4.4	2021.11.19.WE	-
Available (ESP)	Société Générale	Taker	LP	socgen	ESP:{SPT, FWD, NDF}	SGCIB FIX 4.4 Protocol V1.3.g.pdf	FIX.4.4	2024.03.14.WE	Out of Scope: RFS:{SPT, FWD, NDF, SWP, NDS, BLK}
Available (ESP)	StandardChartered	Taker	LP	standardchartered_s2bx	ESP:{SPT, FWD, NDF, SWP, NDS}	S2BX_FX_FIX_ROE_V4.8_APRIL2020_v1.pdf	FIX.4.4	2021.11.19.WE	Out of Scope: RFQ:{SPT, FWD, NDF, SWP, NDS} RFS:{SPT, FWD, NDF, SWP, NDS}
Available (ESP)	State Street	Taker	LP	statestreet_efx	ESP:{SPT, FWD, NDF}	State Street FIX Order Spec_v1.8.3.pdf	FIX.4.2 FIX.4.4	2023.03.02.WE	Out of Scope: RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}
Available (ESP)	UBS	Taker	LP	ubs_fx2b	ESP:{SPT, FWD, NDF}	B2B_FIX_Rules_of_Engagement 1_45.pdf	FIX.4.3	2021.12.21.WE	Incl. Metals Out of Scope: RFS:{SPT, FWD, NDF, SWP, NDS}
Deprecated	CME/NEX Group	CLOB	ECN	cme_ilink2	Orders:{FUT}	iLink2 Order Entry	FIX.4.2	2021.11.19.WE	Out of scope: OPT Quote workflow Cross Retained for Convenience Gateway
Deprecated	CME/NEX Group	DropCopy	ECN	ebs_cpt	DropCopy:{SPT, NDF}	EBS_CPTAPIv2.5.4.pdf	FIX.4.4	2023.03.02.WE	Markets Supported: EBS Market on CME Globex
Deprecated	Credit Suisse	Taker	LP	creditsuisse_ser	ESP:{SPT, FWD, NDF

, SWP, NDS

}	FIX SPEC -

Q2/22Euronext FXfastmatch_itchFASTMATCH ITCH Protocol Specification CLIENT v1.2.1.pdfCLOB MktDataITCHMarketData:{SPT}MarketData onlyQ2/22ICAPicap_fusion_marketdataFX NDF Market Data FIX Specification v0.5.docxCLOB MktDataFIXT.1.1/FIX.5.0SP2MarketData:{NDF, NDS}-Q2/22ICAPicap_fusion_ordersICAP GTN FIX 5.0 Specification v1.5.pdfCLOB OrdersFIXT.1.1/FIX.5.0SP2Orders:{NDF, NDS}Out of scope: Corp. bonds, CDS.Q2/22IntegralIntegral_ocx_ordersOCX_Order_Entry_API_1.0v5.pdfCLOB OrdersFIX.4.3Orders:{SPT}-Q2/22MOEXmoex_marketdataEN_Market_Data_Multicast_User_Guide_Ver_4_8.pdfCLOB MktDataFIXT.1.1/FIX.5.0SP2/FASTMarketData:{SPT, FWD}Out of Scope: FIQ2/22ParFXparfx_marketdataParFX-Market-Data-FIX-API-v2-0-0.pdfCLOB MktDataFIXT.1.1/FIX4.4MarketData:{SPT}-Q2/22ParFXparfx_ordersParFX-Order-Entry-FIX-API-v2-0-7.pdfCLOB OrdersFIXT.1.1/FIX4.4Orders:{SPT}FIX.5.0 and FIX.5.0SP2 supportesQ2/22Société GénéralesocgenSGCIB FIX 4.4 Protocol V1.3.g.pdfVenueAsMakerFIX.4.4ESP:{SPT, FWD, NDF}
RFS:{SPT, FWD, NDF, SWP, NDS, BLK}-Q2/22Xenfinxenfin_liquiditypoolXenfin FIX Specification 20191112.pdfCLOB MktData
CLOB OrdersFIX.4.4MarketData:{SPT}
Orders:{SPT}

CS FIX SER 2.04.pdf	FIX.4.2	2021.08.03.WE	M1 NDFs only
Deprecated	Cürex	MktData	ECN	curex_marketdata	MarketData:{SPT}	Cürex FIX Market Data API v2.1.pdf	FIX.4.4	2023.02.02.WE	Spot only - no Benchmark Whilst spec'd Fwd/Swap are not actually supported so OOS.
Deprecated	Cürex	CLOB	ECN	curex_orders	Orders:{SPT}	Cürex Bank Algo FIX API v2.1.4.pdf	FIX.4.4	2022.01.26.WE	Includes three markets: - Index - Large (FullAmt) - P2P (min $10m, 15s)
Deprecated	LSEG	MktData	ECN	lseg_sbe_udp	MarketData:{SPT, NDF}	lseg-cm-fx-market-data-api-spec-v1.0.pdf	SBE	-	LSEG Spot Matching migration cancelled
UAT	BAML	Taker	LP	baml	RFS:{SPT, FWD, NDF}	InstinctFX-FIX Message Specification v9.7.7.6.4.8.pdf	FIX.4.4	-	Certification Pending
UAT	Integral	CLOB	Platform	integral_ocx_maker	Orders:{SPT}	Integral MM API - OCX_Streaming_Orders_API_1.0.pdf	FIX.4.3	2020.34.VEN.A	Iceberg, mid-point peg In-flight risk mitigation Max 1000m/s in 3s window Essentially Maker ESP, no Last Look.
UAT	LSEG	MktData	ECN	lseg_sbe	MarketData:{SPT, NDF}	lseg-cm-fx-market-data-api-spec-v1.0.pdf	SBE/FIXP	-	-
UAT	LSEG/Refinitiv	MktData	ECN	refinitiv_rto_eta	MarketData:{FUT}	TransportAPI_C_RDMUsageGuide_v3.6.7.L1.pdf	C++	-	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.

Additional order types:
Stop
StopLimit
LimitStop
Pegged

Versions Compared

Old Version 65

New Version Current

Key