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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	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

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.
MarketData - consume information as to the CLOB trading activity.

VenueAsMaker2021

Table Filter

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ddSeparator	‚
sparkName	Sparkline
column	Gateway Name,API
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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
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isOR	AND
order	0,1
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:{SPT, FWD, NDF, NDS, SWP}	24EXCHANGE.TAKER.ROE.1.25c.pdf	FIX.4.4	2022.10.13.WE	-
Available	24 Exchange	CLOB	ECN	exchange24	MarketData:{SPT, FWD, NDF, NDS, SWP} Orders:{SPT, FWD, NDF, NDS, SWP}	24EXCHANGE.TAKER.ROE.1.38.pdf

Status

Organisation

Gateway Name

API

Session Type

Protocol

Products (In-scope)

Added

Notes

Available

Celer Technologies

celertech

Celer Taker Maker spec v3.12 - March2021.pdf

FIX.4.4

ESP:{SPT, NDF}

2025.05.

10

23.WE

Technology Provider
LD4

-

NDF/Spot

Available

24 Exchangeexchange24

	BAML	Taker	LP	baml	ESP:{SPT}	BAMLX-FIX Message Specification v1.2

24EXCHANGE.TAKER.ROE

.1.

25c.

pdf

VenueAsMaker

FIX.4.4

ESP:{SPT, NDF}2022.10.13.WEAvailableBAMLbamlBAMLX-FIX Message Specification v1.2.1.pdfVenueAsMaker

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

ESP:{SPT}2021.12.15.WEAPI is subset of baml.AvailableBNP Paribasbnpparibas_efx_streamingBNP Paribas eFX FIX API Streaming v1.3.5.pdfVenueAsMakerFIX.4.4ESP:{SPT, FWD, NDF}

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

2021.04.15

Available
.WE	-

Bloombergbloomberg_fxgo_makerFixbook Sell Side 5.0.13 Draft.pdfVenueAsTakerFIX.4.4RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}
ESP:{SPT, FWD, NDF}2021.06.11.WE

Split Settlement
On/Offshore NDFs
BTBS

AvailableCME/NEX Groupcme_ilink2 https://www.cmegroup.com/confluence/display/EPICSANDBOX/iLink+Order+EntryCLOB OrdersFIX.4.2Orders:{FUT}2021.11.19.WEOut 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/FIXP

	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

Orders:{SPT,NDF}

2021.06.11.WE

includes eFix Benchmark Fixing orders

	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}

AvailableCME/NEX Groupebs_market_mdp3_sbe https://www.cmegroup.com/confluence/display/EPICSANDBOX/CME+Globex+EBS+Market+-+Market+DataCLOB MktDataSBE/FIXPMarketData:{SPT, NDF}2021.06.11.WEeFix - Benchmark fixing ordersAvailableCME/NEX Groupebs_market_mdp3_sbe_udp https://www.cmegroup.com/confluence/display/EPICSANDBOX/CME+Globex+EBS+Market+-+Market+DataCLOB MktDataSBEMarketData:{SPT, NDF}2021.06.11.WEeFix - Benchmark fixing ordersAvailableCME/NEX Groupebs_cptEBS_CPTAPIv2.5.4.pdfSTPFIXSTP:{SPT, FWD, NDF, SWP}2023.03.02.WEMarkets Supported:

EBS Direct - Taker
EBS Direct - Maker
EBS Market

AvailableCboeFXcboefx_bookfeed

BookFeed_Spec-v3.5.1.pdf

CLOB MktData

FIX.4.2

/

, FIX.4.4

MarketData:{SPT, NDF}

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

VenueAsTaker
CLOB OrdersESP:{SPT, NDF}
Orders:{SPT, NDF}

FIX.4.2/FIX.4.4

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

CitiAvailableCredit Suissecreditsuisse_serFIX SPEC - CS FIX SER 2.04.pdfVenueAsMakerFIX.4.2

ECN

citi_coloCiti FxFIX Integration Guide - COLO Spot API Spec v7.0.16.pdfVenueAsMakerFIX.4.4ESP:{SPT}2020.49.VEN.A-

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,

FWD,

NDF}

2021.08.03.WEM1 NDFs onlyAvailableCürexcurex_marketdataCürex FIX Market Data API v2.1.pdfCLOB MktData

Celer Taker Maker spec v3.12 - March2021.pdf

FIX.4.4

MarketData:{SPT}2023.02.02.WESpot only - no Benchmark
Whilst spec'd Fwd/Swap are not actually supported so OOS.

	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

AvailableCürexcurex_ordersCürex Bank Algo FIX API v2.1.4.pdfCLOB OrdersFIX.4.4Orders:{SPT}2022.01.26.WEIncludes 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}2021.11.04.WE-AvailableDeutsche Börse/360Tt360_supersonic_maker360T-SuperSonicTex_FIX_MarketMaker_v1.7.0.pdfVenueAsTakerFIX.4.4ESP:{SPT}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.AvailableDeutsche Börse/360Tt360_tex_maker360T-RFQ_FIX_MarketMaker_v1.17.0.pdfVenueAsTakerFIX.4.4RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}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 StrategiesAvailableEdgewater Marketsedgewater_marketsEdgewater API v1.01.pdfVenueAsMakerFIX.4.2

MarketData:{SPT, NDF}

Orders:{SPT, NDF}2020.51.VEN.A1M NDFs only.AvailableEuronext FXfastmatch_autoexFASTMATCH FIX Protocol Specification CLIENT 4.0.3.pdfCLOB MktData
CLOB OrdersFIX.4.2/FIX.4.4

	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

MarketData:{SPT

, NDF}
Orders:{SPT, FWD, NDF}

GTX_FIX_RoE_Oct2019.pdf

FIX.4.4

2021.11.04.

29.AvailableFXSpotStreamfxspotstreamFSS - FIX ROE Specification_v1_5_3.pdfVenueAsMaker

WE

Whilst spec'd FWD are not actually supported so OOS.
Incl. Metals
Additional order types:
Auction - SafeMatch
Pegged

-
Available	Deutsche Börse/360T	Maker	ECN	t360_supersonic_maker	ESP:{SPT}	360T-SuperSonicTex_FIX_MarketMaker_v1.7.0.pdf

FIX.4.4

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

2020.47.VEN.A

"Some systems support transport layer FIXT.1.1 and application layer FIX.5.0."
Whilst spec'd FWD, NDF, SWP

}
Orders:{SPT, FWD, NDF}2021.07.09.WE
RFS require separate FIX sessions for Quotes and Orders

Available
, NDS, FUT are not actually supported so OOS.

FXSpotStreamfxspotstream_midmatchFSS_MidMatchService_RulesOfEngagement_v1.16.pdfCLOB OrdersFIX.4.4Orders:{SPT}2022.06.22.WEAvailableFenics FXfenicsfxSee lucera_lumefxCLOB MktData
CLOB OrdersFIX.4.2MarketData:{SPT}
Orders:{SPT}2022.01.26.WELucera API.AvailableHSBChsbc_fx_mdsHSBC_FX_MDS_API_FIX_Specification_V3.2.pdfVenueAsMakerFIX.4.4

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

ESP

:{SPT, FWD, NDF

}2021.11.04.WE"Price-For-Volume - PFV" (VWAP ladder) and "Volume-For-Price - VFP" (raw ladder providing depth of book)

, SWP, NDS, BLK, NDB}

360T-RFQ_FIX_MarketMaker_v1.17.0.pdf

AvailableION Groupfidessa_ordersBuySideFixRoeMay2019.pdfCLOB Orders2020

FIX.4.4

Orders:{FUT}

2021.08.20.

VEN.ACertified for LME, ICE EU and ICE US

WE

Out of

scope: EQT, OPT

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

AvailableIntegralintegral_esp_makerIntegral_FXCloud_ESP_FIX_Provider_API_Guide_2.1v6.pdfVenueAsTakerFIX.4.3ESP:{SPT}2020.49.VEN.A-AvailableIntegralintegral_ocx_makerIntegral MM API - OCX_Streaming_Orders_API_1.0.pdfCLOB OrdersFIX.4.3Orders:{SPT}2020.34.VEN.AIceberg, mid-point peg
In-flight risk mitigation
Max 1000m/s in 3s window
Essentially Maker ESP, no Last Look.AvailableIntegralintegral_rfs_makerIntegral_FIX_Maker_API_RFS_2.1v10b.pdfVenueAsTakerFIX.4.3RFS:{SPT, FWD, NDF, SWP}2020.49.VEN.AFixed Spot Roll.AvailableLMAXlmaxLMAX Exchange FIX 4.2 API Specification v2.8.5.pdfCLOB MktData
CLOB Orders
VenueAsTakerFIX.4.2MarketData:{SPT, NDF, FUT, CFD

}
Orders:{SPT, NDF

, FUT, CFD}
ESP:{SPT, FUT}2020.38.VEN.ALMAX Exchange API - almost identical to LMAX interbank.
Out of scope: IMM
Per-session Message Rate Threshold
TradeTicker is delayed 60s, for extra fee.AvailableLMAXlmaxLMAX Interbank FIX 4.2 API Specification - v3.5.pdfCLOB MktData
CLOB Orders
VenueAsTakerFIX.4.2

}

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

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

ESP:{SPT,

FUT

FWD, NDF}

2020.38.VEN.AOut of scope: EQT, IMM (Indices)
Out of scope: EQT, IMM (Indices)
Supports Maker ESP (no Last-Look)

FASTMATCH Stream FIX Specification 4.1.6.pdf	FIX.4.2	2022.10.13.WE	-
Available	Fenics FX	MktData CLOB	ECN	FenicsFX

AvailableLuceralucera_lumefxLumeFX v2.6.1 November 2021.pdfCLOB MktData
CLOB OrdersFIX.4.2AvailableMorgan Stanleymorganstanleyfx_espMorgan Stanley - FX FIX Laddered Pricing v3.3.8.pdfVenueAsMaker

MarketData:{SPT}
Orders:{SPT}

2022.02.04.WETechnology provider.
Out of Scope: Dropcopy

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

, NDS

}

2021.10.08.WESwaps: ON, TN, SN, SWAvailableNomuranomura_espNomura FX Streaming FIX RoE - v1.2.pdfVenueAsMaker

Orders:{SPT, FWD, NDF}

FSS - FIX ROE Specification_v1_5_3.pdf

FIX.4.4

ESP:{SPT, FWD, NDF}

2021.

12

07.

07

09.WE

AvailableLSEG/Refinitiv/FXallfxall_activetradingOrderbook FIX Spec 1.5.1.pdfVenueAsMakerFIX.4.3

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

MarketData

:{SPT, NDF}

Orders

Algo:{SPT, NDF}

2021.07.09

Available
	FSS - Resting & Algo Orders FIX Specification - v1.1.pdf	FIX.5.0SP2	2023.03.21.WE	-

LSEG/Refinitiv/FXallfxall_quicktrade_makerTCPI Guide 4.2.0.1-July2021.pdfVenueAsTakerJavaRFQ:{SPT, FWD, NDF, SWP, BLK}

FXSpotStream

CLOB

Platform

fxspotstream_midmatch

Orders:{SPT}

FSS_MidMatchService_RulesOfEngagement_v1.16.pdf

FIX.4.4

2022.06.22

2022.03.24

Available
.WE	-

State Street/Currenexcurrenex_rfs_makerFIX-RFQ-Maker-Spec v16.pdf

HSBC

Taker

LP

hsbc_fx_mds

ESP:{SPT, FWD, NDF}

HSBC_FX_MDS_API_FIX_Specification_V3.2.pdf

VenueAsTaker

FIX.4.4

RFS:{SPT, FWD, NDF, SWP, NDS}2020.43.VEN.BSupported pairs and tenors

	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

AvailableXTX Marketsxtx_eutheniaxtx_markets_-_efx_fix_specs_1_5-fwds.pdfVenueAsMakerFIX.4.4ESP:{SPT, FWD, NDF}2020.34.VEN.AIncl. MetalsFull Amount vs SweepableAddendum for TermCcy tradingAvailable (ESP)BAMLbamlInstinctFX-FIX Message Specification v9.7.7.6.4.3.pdfVenueAsMakerFIX.4.4ESP:{SPT, FWD, NDF}

RFS:{SPT, FWD, NDF, SWP

, NDS}
Algo Orders:{SPT, FWD}2021.12.15.WEBRL NDF Onshore/Split settlement
FUT?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}2021.11.04.WERFQ:Quote TTL
Pre/Post AllocationsAvailable (ESP)Goldman SachsgsfxGS FX FIX Specification v7.17.pdfVenueAsMaker
Algo OrdersFIX.4.4ESP:{SPT, FWD, NDF}
RFS:{SPT, FWD, NDF, SWP, BLK}
Orders:{SPT}2021.11.11.WEESP Out of scope: Fixing/Marker Orders
RFS: Out of scope: RollsAvailable (ESP)JPMorganjpmorgan_fxJPMC FX FIX Specification v1.14.06 December 2020.pdfVenueAsMakerFIX.4.2ESP:{SPT, FWD, NDF}
RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}2021.07.01.WE-Available (ESP)NatWest Marketsnatwest_marketsNatwest Markets FX FIX Rules of Engagement v5.0.38.pdfVenueAsMaker
Algo OrdersFIX.4.4ESP:{SPT, FWD, NDF}
RFQ:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}
Orders:{SPT}2021.12.21.WEOut of scope: FXTimeOption (similar to FWD), OPT, Fixing OrdersAvailable (ESP)Saxo Banksaxo_directSaxo Bank FIX specification v3.10.pdfVenueAsMakerFIX4.4ESP:{SPT}2021.11.19.WEAvailable (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}2021.11.19.WE-Available (ESP)UBSubs_fx2bB2B_FIX_Rules_of_Engagement 1_45.pdfVenueAsMakerFIX.4.3ESP:{SPT, FWD, NDF}
RFS:{SPT, FWD, NDF, SWP, NDS}2021.12.21.WEIncl. MetalsAvailableBroadridge Financialbroadridge_ordersBroadridge_Spec_v2.1.13.pdfCLOB OrdersFIX.4.4Orders:{FUT}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)

AvailableCME/NEX Groupcme_mdp3_sbe_udp https://www.cmegroup.com/confluence/display/EPICSANDBOX/CME+MDP+3.0+Market+DataCLOB MktDataSBE/FIXPMarketData:{FUT}2022.07.13.WEOut of scope: OPTAvailableCboeFXcboefx_itchCBOE FX ECN Itch Protocol-v1.84.pdfCLOB MktDataITCHMarketData:{SPT, NDF}2022.06.22.WEAlso supports the Cboe Central CLOB.
OrderDepth.InProgressDeutsche Börse/360T/GTXt360_gtx_makerGTX_FIX_LP_Jun2019.pdfVenueAsTakerFIX.4.4ESP:{SPT, FWD, NDF}LastLook and Firm pricing
Anonymous(?)AvailableDeutscheBankautobahnfx_rapidAutobahnFX RAPID FIX Specification v1.6.5.pdfVenueAsMakerFIX.4.4ESP:{SPT}2022.05.13.WENDFs launching soon but with these limitations:
- APAC NDF Pairs only (no LATAM)
- SG1 Colo
- 8am-5pm SGT (not 24/6)
- 1M Tenor OnlyAvailableEuronext FXfastmatch_stream_makerFASTMATCH Stream FIX Specification 4.1.6.pdfVenueAsTakerFIX.4.2ESP:{SPT, FWD, NDF}2022.10.13.WE-Projected 2024JumpTradingjump_liquidityJLQD_CptyFIXSpec_v2.2.pdfVenueAsMakerFIX.4.2ESP:{SPT, NDF, CFD, FUT}Out of Scope: FIAvailableRBCrbc_tradingRBC Trading FX Rates API - FIX 4.4 - v2.0.6.pdfVenueAsMakerFIX.4.4Market Data:{SPT, FWD}
Orders:{SPT, FWD}2022.11.03.WEIndicative/TradeableInProgressLSEG/Refinitivrefinitiv_sbeMarket Data Service Refinitiv SBE Market Data Interface Spec 1.16.pdfCLOB MktDataSBEMarketData:{SPT, FWD}Unscreened, timesliced
TOD & TOM also published for some instruments.
Domestic vs International SecurityGroups.AvailableState Street/Currenexcurrenex_ouchCXOuchOrderServiceSpec v23.pdfCLOB OrdersOUCHOrders:{SPT, FWD}2023.02.02.WE-Projected 2024State Street/Currenexcurrenex_esp_maker

}	Integral_FIX_Maker_API_RFS_2.1v10b.pdf	FIX.4.3	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	-
Available	ION Group	CLOB	Platform	fidessa_orders	Orders:{FUT}	BuySideFixRoeMay2019.pdf	FIX.4.4	2020.20.VEN.A	Certified for LME, ICE EU and ICE US Out of scope: EQT, OPT
Available	LMAX	MktData CLOB Maker	ECN	lmax	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	MktData CLOB Maker	ECN	lmax	MarketData:{SPT, FUT} Orders:{SPT, FUT} ESP:{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	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:{SPT, FWD, NDF, SWP, 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	ESP:{SPT, FWD, NDF, SWP, NDS}	Morgan Stanley - FX FIX Laddered Pricing v3.3.8.pdf	FIX.4.2	2021.10.08.WE	Swaps: ON, TN, SN, SW
Available	Nomura	Taker	LP	nomura_esp	ESP:{SPT, FWD, NDF}	Nomura FX Streaming FIX RoE - v1.2.pdf	FIX.4.4	2021.12.07.WE	-
Available	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	Orders:{SPT}	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	ESP:{SPT, FWD, NDF, SWP, NDS}

FIX-ESP-Maker-Spec v1.26.pdf

VenueAsTaker

FIX.4.4

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

2023.12.06.WE

Incl. Metals

Out of scope:

FI (UST)

AvailableState Street/Currenexcurrenex_itchCXItchMarketDataServiceSpec.pdfCLOB MktDataITCH

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

2022.05.27.WEIncl. Metals
500ms delay for Paid/Give Ticker as of 11.3Projected 2023/Q2LSEGlseg_ftglseg-cm-fx-trading-api-spec-v1.0.pdfCLOB OrdersFIXT.1.1/FIX.5.0SP2Projected 2023/Q2LSEGlseg_ptglseg-cm-post-trade-api-fix-spec-v1.0.pdfDropCopyFIXT.1.1/FIX.5.0SP2

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:{SPT, FWD, NDF, SWP, NDS}	FIX-RFQ-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:{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:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}
Available (ESP)	Goldman Sachs	Taker Algo Orders	LP	gsfx	ESP:{SPT, FWD, NDF}	GS FX FIX Specification v7.17.pdf	FIX.4.4	2021.11.11.WE	Out of Scope: ESP Fixing/Marker Orders RFS:{SPT, FWD, NDF, SWP, BLK}, Rolls Orders:{SPT}
Available (ESP)	JPMorgan	Taker	LP	jpmorgan_fx

Projected 2023/Q2LSEGlseg_sbelseg-cm-fx-market-data-api-spec-v1.0.pdfCLOB MktDataSBE/FIXPMarketData:{SPT, NDF}Projected 2023/Q2LSEGlseg_sbe_udplseg-cm-fx-market-data-api-spec-v1.0.pdfCLOB MktDataSBEMarketData:{SPT, NDF}InProgressState Street/Currenexcurrenex_now_itchCurrenex_NOW_Itch_Specification_v10.pdfCLOB MktDataITCHMarketData:{SPT}No delay for Paid/Give Ticker as of 11.3Available (ESP)State Streetstatestreet_efxState Street FIX Order Spec_v1.8.3.pdfVenueAsMakerFIX.4.2
FIX.4.4ESP:{SPT, FWD, NDF}
RFS:{SPT, FWD, NDF, SWP, NDS, BLK, NDB}2023.03.02.WE-Projected 2024Integralintegral_ocx_marketdataOCX_Market_Data_API_1.0v12.pdfCLOB MktDataFIX.4.3MarketData:{SPT}-Projected 2023/Q2BGCbgc_midfxeSpeed_FIX_4-4_API.pdfCLOB OrdersFIX.4.4MarketData:{SPT}
Orders:{SPT}-Projected 2023/Q2BGCprecision_algoPrecision Algos FX FIX Spec V1.0.pdfVenueAsMakerFIX.4.2Algo:{SPT, NDF}Projected 2024BTMUbtmuTBCVenueAsMakerFIX ???TBCaka MUFGProjected 2024CME/NEX Groupebs_direct_makerhttps://www.cmegroup.com/confluence/display/EPICSANDBOX/EBS+Direct+2.0+-+Maker+API+Rules+of+EngagementVenueAsTakerFIX.4.4

ESP:{SPT, FWD, NDF

, SWP,}

}

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}

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

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

Projected 2024CME/NEX Groupebs_directhttps://www.cmegroup.com/confluence/display/EPICSANDBOX/EBS+Direct+2.0+-+Taker+API+Rules+of+EngagementVenueAsMakerFIX.4.4

ESP:{SPT, FWD, NDF}

Projected 2024Commerzbankcommerzbank_commanderCommerzbank - Commander_Rules_Of_Engagement_Jan2014.pdfVenueAsMaker

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

FIX.4.4

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

ESP

Orders:{SPT

, FWD, NDF, SWP, NDS

}

-Projected 2024Euronext FXfastmatch_itchFASTMATCH ITCH Protocol Specification CLIENT v1.2.1.pdfCLOB MktDataITCHMarketData:{SPT}MarketData onlyProjected 2024ICAPicap_fusion_marketdataFX NDF Market Data FIX Specification v0.5.docxCLOB MktDataFIXT.1.1/FIX.5.0SP2MarketData:{NDF, NDS}-Projected 2024ICAPicap_fusion_ordersICAP GTN FIX 5.0 Specification v1.5.pdfCLOB OrdersFIXT.1.1/FIX.5.0SP2Orders:{NDF, NDS}Out of scope: Corp. bonds, CDS.Projected 2024Integralintegral_ocx_ordersOCX_Order_Entry_API_1.0v5.pdfCLOB OrdersFIX.4.3Orders:{SPT}-Projected 2024MOEXmoex_marketdataEN_Market_Data_Multicast_User_Guide_Ver_4_8.pdfCLOB MktDataFIXT.1.1/FIX.5.0SP2/FASTMarketData:{SPT, FWD}Out of Scope: FI

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}	FIX SPEC - 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.

Projected 2023/Q3ParFXparfx_marketdataParFX-Market-Data-FIX-API-v2-0-0.pdfCLOB MktDataFIXT.1.1/FIX4.4MarketData:{SPT}-Projected 2023/Q3ParFXparfx_ordersParFX-Order-Entry-FIX-API-v2-0-7.pdfCLOB OrdersFIXT.1.1/FIX4.4Orders:{SPT}FIX.5.0 and FIX.5.0SP2 supportesInProgressLSEG/Refinitivrefinitiv_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 requiredInProgressLSEG/Refinitivrefinitiv_etaThomson_Reuters_Matching_Data_Feed_Direct_User_Guide_v1.5.5.pdfCLOB MktDataC++/Java/.NETMarketData:{SPT}Reuters RFAProjected 2024Société GénéralesocgenSGCIB FIX 4.4 Protocol V1.3.g.pdfVenueAsMakerFIX.4.4ESP:{SPT, FWD, NDF}
RFS:{SPT, FWD, NDF, SWP, NDS, BLK}-Projected 2023/Q3State Street/Currenexcurrenex_ouch_makerCXOuchMakerSpec_v23.pdfVenueAsTakerOUCHESP:{SPT}Incl Currenex Full (Fill)AvailableXenfinxenfin_liquiditypoolXenfin FIX Specification 20191112.pdfCLOB MktData
CLOB OrdersFIX.4.4MarketData:{SPT}
Orders:{SPT}2023.02.02.WEAdditional order types:
Stop
StopLimit
LimitStop
PeggedProjected 2023/Q2FXSpotStreamfxspotstream_algoFSS - Resting & Algo Orders FIX Specification - v1.1.pdfVenueAsMakerFIX.5.0SP2

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

Projected 2024Citicitifx_espCiti FxFIX Integration Guide - RFS+ESP+Batch v6.15.9.pdfVenueAsMakerFIX.4.4ESP:{SPT, FWD, NDF}
RFS:{SPT, FWD, NDF, SWP}Projected 2023/Q4CitadelcitadelCitadel FIX Order Specification FX 201.10.pdfVenueAsMakerFIX.4.4ESP:{SPT}Projected 2024State Street/Currenexcurrenex_nr_makerFIX_Maker_Spec_NR v1.0.pdfVenueAsTakerFIX.4.2ESP:{SPT}-

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