# Program trading

**URL:** <https://forum.fixtrading.org/t/program-trading/1439>\
**Category:** General Q&A\
**Tags:** algorithmic-trading, xid\_169144, imported\
**Created:** [October 29, 2007, 8:25pm UTC](https://forum.fixtrading.org/t/program-trading/1439 "2007-10-29T20:25:33Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![markoklacar19\_x](https://avatars.discourse-cdn.com/v4/letter/m/3d9bf3/32.png) [@markoklacar19\_x](https://forum.fixtrading.org/u/markoklacar19_x)\
**Post date:** [October 29, 2007, 8:25pm UTC](https://forum.fixtrading.org/t/program-trading/1439/1 "2007-10-29T20:25:33Z")

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Imported from previous forum

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**Author:** ![markoklacar19\_x](https://avatars.discourse-cdn.com/v4/letter/m/3d9bf3/32.png) [@markoklacar19\_x](https://forum.fixtrading.org/u/markoklacar19_x)\
**Post date:** [October 29, 2007, 8:25pm UTC](https://forum.fixtrading.org/t/program-trading/1439/2 "2007-10-29T20:25:33Z")

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Hi,

does anybody know a bank that allows program trading with forex?

Cheers

Marko Klacar  
+46739231084  
[marko@markoklacar.com](mailto:marko@markoklacar.com)

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**Author:** ![rick.labs](https://avatars.discourse-cdn.com/v4/letter/r/5daacb/32.png) [@rick.labs](https://forum.fixtrading.org/u/rick.labs)\
**Post date:** [October 29, 2007, 9:21pm UTC](https://forum.fixtrading.org/t/program-trading/1439/3 "2007-10-29T21:21:20Z")

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> Hi,
> 
> does anybody know a bank that allows program trading with forex?
> 
> Cheers
> 
> Marko Klacar +46739231084 [marko@markoklacar.com](mailto:marko@markoklacar.com)

The majority of banks/brokers can take FX orders in via FIX. Here is a starter list that support FIX/FX trading: BoA, Barclays, Bear Stearns, Commonwealth Bank Australia, Goldman Sachs, HSBC, JP Morgan, Lehman, Macquarie, Morgan Stanley, NetFonds Bank, Saxo Bank, UBS. I’m sure there are many more by now.

For backgrounding look at:

> **[TWS API Documentation | IBKR Campus US](https://ibkrcampus.com/campus/ibkr-api-page/twsapi-doc/)**
>
> Trader Workstation (TWS) API components are aimed at experienced professional developers willing to enhance the current TWS functionality.

Try to avoid proprietary APIs and protocols (not FIX) unless you are absolutely sure you can live with being dead locked in with a specific bank/broker:  
[http://fxtrade.oanda.com/fxtrade/api/index.shtml](http://fxtrade.oanda.com/fxtrade/api/index.shtml)

Also take a look at QuickFix/J and Marketcetera for some code and feature ideas from the open source community.

If your system needs are more substantial check out the “Who uses FIX” section of this site for FIX vendors who can hook you all over the place.

Rick

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<div class="post-metadata">

**Author:** ![markoklacar19\_x](https://avatars.discourse-cdn.com/v4/letter/m/3d9bf3/32.png) [@markoklacar19\_x](https://forum.fixtrading.org/u/markoklacar19_x)\
**Post date:** [October 29, 2007, 9:38pm UTC](https://forum.fixtrading.org/t/program-trading/1439/4 "2007-10-29T21:38:48Z")

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Hi,

thanks a lot for the information.  
I’ll start there.

Cheers Rick

> > Hi,
> > 
> > does anybody know a bank that allows program trading with forex?
> > 
> > Cheers
> > 
> > Marko Klacar +46739231084 [marko@markoklacar.com](mailto:marko@markoklacar.com)
> 
> The majority of banks/brokers can take FX orders in via FIX. Here is a  
> starter list that support FIX/FX trading: BoA, Barclays, Bear Stearns,  
> Commonwealth Bank Australia, Goldman Sachs, HSBC, JP Morgan, Lehman,  
> Macquarie, Morgan Stanley, NetFonds Bank, Saxo Bank, UBS. I’m sure there  
> are many more by now.
> 
> For backgrounding look at:  
> [TWS API Documentation | IBKR API | IBKR Campus](http://www.interactivebrokers.com/download/IB_FIX_Manual_Rev20.pdf)
> 
> Try to avoid proprietary APIs and protocols (not FIX) unless you are  
> absolutely sure you can live with being dead locked in with a specific  
> bank/broker: [http://fxtrade.oanda.com/fxtrade/api/index.shtml](http://fxtrade.oanda.com/fxtrade/api/index.shtml)
> 
> Also take a look at QuickFix/J and Marketcetera for some code and  
> feature ideas from the open source community.
> 
> If your system needs are more substantial check out the “Who uses  
> FIX” section of this site for FIX vendors who can hook you all over  
> the place.
> 
> Rick