Financial Information Exchange (FIX) Application Programming Interface (API) Trading
Torroso always strives to provide our clients the best possible products and services through fin-tech and direct market access (DMA). Financial Information Exchange (FIX) application programming interface (API) is an electronic communications protocol for financial information exchange used in the process to place trader’s orders live on the market. Currently, MT5 is the FIX application that Torroso applying. However, there are clients who require the use of their own FIX application, therefore, we offer FIX API which allow our clients to bypass the MT5 application and directly connect into our ECN grid using their own FIX.
Key Benefits of FIX API:
Connects directly to Torroso’ bridge provider
Direct Market Access (DMA)
ECN integration
Straight Through Processing (STP)
Allows the use of other trading application
Totally customizable
Compatible with any FIX program
Faster speeds and lower latency
Direct connection to bridge provider gives higher speeds of transaction
The use of fibre optic connectivity reduces latency
Less physical distance for all information to travel
