Financial Information Exchange
Abbreviated as FIX, a vendor-neutral standardized message format protocol for describing real-time security transactions. FIX is a public-domain specification owned and maintained by FIX Protocol, Ltd. The protocol supports the following electronic conversations between brokers and other financial institutions:
Equity order submissions, cancellations and replacements
Equity execution reporting
Equity order statusing
Equity trade allocation
Indication of interest communication
Completed trade advertisements
Directed e-mail and news messaging
FIX is similar to OFX in that the two protocols are used to communicate financial information. However, OFX is focused more on retail transactions and is a query-response protocol much like HTTP while FIX is focused on institutional business and is a connected session-based protocol.
Read Also:
- Finder
The desktop management and file management system for Apple Macintosh computers. In addition to managing files and disks, the Finder is responsible for managing the Clipboard and Scrapbook and all desktop icons and windows.
- finger
A UNIX program that takes an e-mail address as input and returns information about the user who owns that e-mail address. On some systems, finger only reports whether the user is currently logged on. Other systems return additional information, such as the user’s full name, address, and telephone number. Of course, the user must first […]
- Firebird
Firebird is a RDBMS offering many ANSI SQL standard features that run on Linux, Windows and a variety of Unix platforms. Firebird offers concurrency, high performance and powerful language support for stored procedures and triggers. Firebird is open source and as such, it is completely free of any registration, licensing or deployment fees. It may […]
- Firefox
Firefox is a free, open source Web browser for Windows, Linux and Mac OS X. It is based on the Mozilla code base and offers customization options and features such as its capability to block pop-up windows, tabbed browsing, privacy and security measures, smart searching, and RSS live bookmarks. See “What Do Temporary Internet Files […]
- Firm Order Commitment
A telecommunications term used to signify an installation date for telecommunication services such as a DSL, ISDN, or T1 line. Also used for number porting between service providers.