What is FIX (Financial Information eXchange) Protocol?
The Financial Information eXchange (FIX) Protocol is a messaging standard developed specifically for the real-time electronic exchange of securities transactions.
FIX has rapidly emerged as the de facto electronic trading standard worldwide, providing enhanced user benefits for greatly improving the global trading process through defining, managing, and promoting of an open protocol for real-time, electronic communication between financial participants, while complementing industry standards.
Orc Software is a Premier Member of the FIX Protocol Organization.