FIX APIs for Derivative Transactions are a major addition to our suite of API solutions. Specially designed to meet the needs of professional and institutional clients, the new API promotes seamless integration with derivative trading engines.
Our implementation, built on the industry standard FIX 4.4 protocol, ensures compatibility with existing trading systems and offers the latest performance benefits.
Why choose the Derivative Modification API?
Unparalleled performance
Our native fix APIs are built for the strict nature of derivative trading, and microseconds are important in capturing underlying opportunities and managing leveraged positions.
Whether you’re running a complex multi-league strategy or responding to changes in funding rates, the API provides the speed and reliability needed for sophisticated derivative trading, in addition to continuing investments in infrastructure and performance.
Ease of integration
The setup is fast and simple so you won’t miss an opportunity. The Financial Information Exchange (FIX) protocol is the industry standard for electronic trading used by leading financial institutions around the world.
The FIX API comes with robust documentation, clear messaging protocols and dedicated technical support to ensure the integration is as smooth as possible, whether it’s custom software or with FIX standards-compliant vendors.
If you’re already using the Spot Transaction Modification API, adopting the derivative API will feel seamless thanks to its consistent design and implementation standards.
Comprehensive Features
Our derivative fix API is built to handle unique aspects of both futures and options trading, including all order types and instructions available through breaks, using additional controls and more accurate market data.
The API provides level 3 (L3) market data access to a full order book, providing deeper visibility into market dynamics and providing additional risk management tools, including session-based cancellation-on-disconnect, compared to traditional L1 (top of books) or L2 (price aggregation) feeds.
Complement existing modification APIs for spot trading
Existing modification APIs for spot trading are widely adopted by Pro and institutional clients due to their reliability and performance. This is responsible for a volume of billions of dollars per month. Adding a FIX API to derivatives gives clients access to a unified, powerful interface for trading across multiple markets.
This integration means that you can manage both spots and derivatives you trade within a cohesive framework, streamline your operations and maximize capital efficiency.
Important Benefits for Professional and Institutional Clients
- Gain deep market insights through more granular L3 order book data with individual order visibility and microsecond pre-order sequences
- First, thoroughly examine your implementation or strategy in a UAT environment. This provides a complete mirror for the production system
- Maintain connectivity between market data and execution through one robust channel, and maintain session-based risk control via Cancel-on-Disconnect
- Achieve lightning speed execution with minimal overhead through a performance native fix engine
- Seamlessly integrate through a unified API specification that traverses spots and derivatives
Ready to get started?
The Derivative Modification API is now available to all clients. Explore that feature and see how you can enhance your trading operations.
To get started with the detailed documentation and integration process, contact our API support team or visit our Developer Portal. You can contact your account manager to access UAT (user acceptance test) and securely test your API. Experience the next level of trading efficiency using the derivatives FIX API. This is where the future of professional trading begins!
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
