List of electronic trading protocols
Communications on electronic trading platforms are based on a list of well-defined protocols.
Although FIX protocol has grown significant market share, the exchange specific protocols (also called "Native" interfaces) have found a strong backing with people using low latency trading.
Protocols used by electronic exchanges[]
List of Electronic Exchanges along with the protocols they currently expose as their E-Trading interface.
Americas[]
Exchange | Native Order Flow | FIX Order Flow | Market Data |
---|---|---|---|
B3 (stock exchange) (aka ) | FIX | FIX4.4 | UMDF (FIX/FAST) |
Bolsa Mexicana de Valores | FIX | 4.4 - version 2.4 | INTRA (UDP) / SIVA (TCP) |
BIVA | OUCH | FIX 5.0 | ITCH |
Boston Options Exchange | SAIL | 4.2 | HSVF |
Cboe | BOE | 4.2 | PITCH |
Chicago Mercantile Exchange | iLink | FIX | Simple Binary Encoding |
Montreal Exchange | SAIL | 4.2 | HSVF |
Nasdaq | OUCH 4.2 Client[permanent dead link] | - | ITCH5.0 |
NYSE | Pillar | 4.2[permanent dead link] | |
TSX | FIX Client | TSX-FIX | QUANTUMFEED |
Aequitas Neo | FIX | FIX | NITCH |
ICE | FIX | FIX | iMpact |
Europe[]
Exchange | Native Order Flow | FIX Order Flow | Market Data |
---|---|---|---|
Cboe Europe | BOE | 4.2 | PITCH |
Eurex | T7 ETI (Derivatives Markets Reference) | 4.4 | EOBI / FIX/FAST |
Euronext | SBE | 5.0 | SBE |
Borsa Italiana IDEM Derivatives | SAIL | 4.2 | HSVF |
FIX | FIX | iMpact | |
London Stock Exchange | Millennium | 5.0sp2 | GTP |
Moscow Exchange (MICEX) | MTESRL-TSMR | 4.4 | FIX/FAST |
Moscow Exchange (RTS) | Plaza2 | 4.4 | FIX/FAST |
Oslo Børs (Derivatives) | SBE | 5.0 | SBE |
Oslo Børs (Equities) | SBE | 5.0 | SBE |
London Stock Exchange UK Derivatives | SAIL (Native) | 4.2 | HSVF |
Turquoise | Millennium | GTP | |
Warsaw Stock Exchange | UTP | 4.4 | XDP |
Xetra | T7 ETI (Cash Markets Reference) | 4.4 | EOBI / FIX/FAST |
Asia[]
Exchange | Native Order Flow | FIX Order Flow | Market Data |
---|---|---|---|
Taiwan Stock Exchange | TMP (TWSE Message Protocol) | 4.4 | |
Taipei Exchange | TMP (TWSE Message Protocol) | 4.4 | |
Tokyo Stock Exchange | Arrowhead | 4.2 | FLEX |
OMEX | - | ||
OMEX | - | ||
OCG | - | OMD | |
OMEX | - | OMD |
References[]
Categories:
- Electronic trading platforms
- Financial markets
- Futures markets
- Derivatives (finance)
- Finance lists
- Financial industry XML-based standards
- Financial metadata
- Lists of network protocols