FIX has been established for a number of years as a reporting standard for global financial markets and is used by financial institutions, trading platforms and supervisory authorities in order to transmit trading information. This free and open standard is being constantly developed to take account of changing business and supervisory requirements.

Benefits of the FIX interface

• Standard – FIX is an international industry standard, which is widely known amongst and popular with software providers.
• Save time by reducing the work involved – Forward your orders to us directly via your own portfolio management system. This means there is no need to record and submit the order in parallel by telephone, e-mail or e-banking.
• Minimising errors – Orders are recorded in your own portfolio management system and transmitted directly via the interface without any media discontinuity.

Scope of services

• Purchases and sales of exchange-traded instruments such as equities, bonds, ETFs, options / futures (with a Valor or ISIN number) and structured products;
• Fund subscription and redemption (except prepayment / hedge funds);
• Placing of orders for investment instruments not yet created in the Bank’s system;
• Individual and collective orders.

Using this service from the LLB Xpert Solutions product range means that we can provide additional support to you as an intermediary in our tried-and-tested, professional manner.

Requirements

Organisational requirements

• A client relationship with LLB
• A validly signed FIX agreement

Technical requirements

• Availability of technical connection according to applicable LLB connectivity requirements (currently Internet / VPN)
• FIX-compatible software for exchanging FIX messages
• Enabling of FIX in LLB’s banking system (following signature of the contract)

Would you like to find out more about the FIX interface?

The LLB FIX interface is part of our service range. If you have any questions concerning the LLB FIX interface or the B2B service range provided by LLB Xpert Solutions in general, please do not hesitate to contact your client adviser or the Service Direct team on +423 236 88 11.