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Currenex - Driving market standards
Currenex is a driving force behind integration standards such as FIX and FpML, and is committed to ensuring an efficient and open marketplace for all participants.
Clients using custom-designed automated pricing engines, order-routing and management systems, program trading systems and off-the-shelf modelling software can work with our dedicated implementation teams to integrate these proprietary systems directly with the Currenex service. A rigorous test environment and extensive API integration expertise ensure that integration time-frames are minimized and trading efficiency is enhanced.
FIX
Currenex provides its customers with a high-speed multi-bank FIX gateway (using the FIX 4.2 protocol). This gateway allows customers to access market data (with full depth of book) and to manage orders. The Currenex FIX protocol specification is available to customers upon request. Currenex provides FIX customers with a full integration environment which includes live market data. Additionally, Currenex assists customers with throughput and protocol conformance testing.
Currenex remains active and committed to the FIX standard and is represented as the Co-Chair of the FIX Global Foreign Exchange Committee (GFXC). For more information on the generic FIX protocol go to http://www.fixprotocol.org.
FXintegrate Java API enables customers to access market data (including full depth) and to manage the full spectrum of orders. Currenex provides Java API customers with a full integration environment which includes live market data. Additionally, Currenex assists customers with throughput and conformance testing.
Bank integration
Currenex works in partnership with leading auto-pricing technology suppliers to provide APIs to connect to vendor-supplied, off-the-shelf auto-quote systems. In most cases, banks using vendor-supplied systems can very speedily integrate with the Currenex service. FXintegrate Autoquote API enables banks to connect to auto-pricing engines including Cognotec, to deliver auto and manual prices to their own customers for execution.
Prime Broker and STP Integration
Currenex provides prime brokers and STP partners with automated notification of fully matched give-up trades at no charge. Currenex also provides a fully documented XML schema that describes customer trade flows for all supported transaction types. Clients have the option of several connection protocols including XML/HTTP (Push), XML/HTTP (Pull), XML/MQSeries, and XML/SMTP(email). Various authentication and encryption options are also available. Additionally, Currenex provides its partners a fully functional test environment for STP simulation.
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