VIOPFIX API, the interface enabling order transmission via FIX Protocol is launched in Borsa İstanbul Derivatives Market (VIOP)
Order transmission via FIX (Financial Information Exchange) Protocol is launched at VIOP after the new version release on April 3, 2014. Starting from April 4, 2014 in addition to trading workstations and VIOPAPI, VIOP members can access the Market via VIOPFIX API terminals, allowing faster service.
With the adoption of FIX Protocol, which is widely used in exchanges all over the world, alternative trading platforms and financial markets, it is expected that the integration of foreign ISVs to the Market will be facilitated and as a result, the number of foreign institutional investors, liquidity providers and market makers accessing the Market will increase.
VIOP members can access the Market via FIX Protocol either by completing the “VIOPFIX Certification Test” with their in-house developed software or by purchasing certified software from an ISV. As of April 3, 2014 Genex International and Matriks have completed the certification process with their VIOPFIX API software. Gedik Yatırım Menkul Değerler was the first brokerage house to send orders through the VIOPFIX API.