Communications Communication (from la, communicare, meaning "to share" or "to be in relation with") is usually defined as the transmission of information. The term may also refer to the message communicated through such transmissions or the field of inquir ...

on electronic trading platforms are based on a list of well-defined protocols. Although

FIX protocol The Financial Information eXchange (FIX) protocol is an electronic communications protocol initiated in 1992 for international real-time exchange of information related to securities transactions and markets. With trillions of dollars traded ann ...

has grown significant

market share Market share is the percentage of the total revenue or sales in a market that a company's business makes up. For example, if there are 50,000 units sold per year in a given industry, a company whose sales were 5,000 of those units would have a ...

, 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

Europe

Asia

References

{{Reflist Electronic trading platforms Financial markets Futures markets Derivatives (finance) electronic trading protocols Financial industry XML-based standards Financial metadata Electronic trading