Bitfinex Introduces a FIX Gateway for High-Speed Connectivity

Bitfinex, a digital asset trading platform offering state-of-the-art services for digital currency traders and global liquidity providers, has launched a Financial Information eXchange (FIX) gateway, a routing service using the FIX protocol that enables high-speed connectivity to the exchange.

FIX is a language used extensively by institutional customers and trading platforms to communicate trade information. The non-proprietary, free and open standard is constantly being developed to support evolving business and regulatory needs, and is used by thousands of firms every day to complete millions of transactions.

With the launch of the FIX gateway, institutional investors will be able to connect to the Bitfinex platform using their existing FIX infrastructure. The introduction of FIX prevents platform bottlenecks, especially during high-level volatility episodes, and improves the overall level of platform latency and performance.

“Bitfinex has a growing footprint among institutional customers and we anticipate a ready uptake of our new FIX Gateway,”said Paolo Ardoino, CTO at Bitfinex.“The FIX Gateway is robust, offering the lowest latency. This builds upon the high-speed infrastructure that the exchange already has put in place to provide users of the platform with an optimum, high-performance trading experience.”

Last month, Bitfinex has integrated the funding options​ supported by payment solution provider Simplex. This partnership is expected to enable Bitfinex users to purchase digital currencies using credit and debit cards.