Understanding FIX Protocol in Modern Trading Libraries
Curious about the FIX protocol and its role in trading? Check out our open source trading platforms and tools for more information. Introduction The Financial Information eXchange (FIX) Protocol is a standardized messaging protocol widely used in electronic trading to communicate trade-related information between institutions, brokers, and exchanges. Modern trading libraries often support FIX or integrate with FIX engines to facilitate high-speed, reliable order execution and market data exchange. In this article, we explore what the FIX protocol is, why it remains relevant, and how it fits into today’s open source trading ecosystem. ...