Taipei, Taiwan – Bitfinex, the world’s leading digital asset trading platform, today announced the release of a FIX (Financial Information eXchange) digital asset gateway that will provide improved access to digital asset liquidity for brokers, institutions, and professional traders worldwide.
The FIX gateway will deliver an open-source, robust, high-performance solution for professional traders wishing to enter the digital asset markets. With the successful deployment of the FIX gateway, Bitfinex will provide improved access to digital asset liquidity for brokers, institutions, and professional traders around the world.
Created in the early 1990s, Financial Information eXchange (FIX) is an industry standard electronic communications protocol that facilitates data transfer between financial institutions. As a non-proprietary protocol, FIX is a common language spoken by many existing institutional client systems and frameworks. Using standard messages supported by a FIX gateway, the time and effort required by institutional traders to connect to Bitfinex, or any other digital asset liquidity provider, is greatly reduced. Bitfinex employed the capital markets expertise of Connamara Systems, a proven expert in FIX protocol, to assist with design and development of the technology.
Paolo Ardoino, Bitfinex CTO said, “We are proud to be able to provide next-level access to global cryptocurrency markets. Through this collaboration we aim to combine Connamara’s financial technology expertise with our experience to improve the efficiency of digital asset markets and allow for streamlined access to cryptocurrency trading.”
Daniel Curry, Head of Business Development at Connamara, said, “It has been a pleasure to work with Bitfinex on this project. They have been a pioneering firm in the digital asset markets since 2012 and it is exciting to collaborate with them as they lead the way in the adoption of the FIX protocol for their rapidly growing industry.”
The construction of the FIX gateway is entirely open-source, transparent, and available for the greater community to contribute to. The FIX gateway documentation is available here. Institutions interested in testing out our FIX gateway, whether traditional or digital-asset focused, can contact [email protected] to learn more. Connamara will work with Bitfinex to ensure seamless and trouble-free testing and integration of the FIX gateway.
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Bitfinex CTO Paolo Ardoino and Connamara Systems Head of Business Development Daniel Curry are available for interview.
Founded in 2012, Bitfinex is a digital asset trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital assets. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world.
About Connamara Systems, LLC
Connamara Systems, the premier provider of matching engine technology for startup and frontier exchanges, provides commercial support for all versions of QuickFIX (C++, C#, Java, and Go). QuickFIX, the market leading open source technology, is continually evolving to meet the needs of the industry, and combined with enterprise support from Connamara Systems, provides firms operating in the capital markets the confidence needed to remain ahead of the ever evolving technology and regulatory landscape. Connamara practices agile software development and project management methods and has over 19 years of experience successfully delivering complex, distributed systems to the most demanding customers in the financial markets.