Penson Futures provides Direct Market Access to qualified clients who require the high performance and
ultra-low latency while accessing the exchanges. We leverage all risk monitoring tools available at the
exchange, and our Risk management Team continually monitors all trading activity.
Penson Futures offers advanced electronic trading capabilities through our proprietary PFIX API. This FIX 4.2 API can integrate with any order management system, algorithmic black box, or third-party front-end to provide customized access to exchange trading. As a single point of connectivity to exchanges and counterparties worldwide, our PFIX API maximizes speed of execution and pre-trade risk management, as well as the ability to co-locate at one of Penson's global data centers.
Penson Futures offers advanced electronic trading capabilities through our proprietary PFIX API. This FIX 4.2 API can integrate with any order management system, algorithmic black box, or third-party front-end to provide customized access to exchange trading. As a single point of connectivity to exchanges and counterparties worldwide, our PFIX API maximizes speed of execution and pre-trade risk management, as well as the ability to co-locate at one of Penson's global data centers.
"You would be hard pressed to find a better firm to work with than Penson Futures.
The dedication that Penson Futures has shown as well as the support structure of
their team is absolutely top notch."
MB, GIB
PFIX API
Penson Futures offers PFIX API which is an advanced electronic trading capability based on the securities industry FIX standard protocol. PFIX API supports sophisticated customers trading via their own trading software (order management, algorithmic black box, or front-end) who are seeking an execution venue around the clock for futures trading. PFIX API offers both market data and order routing.PFIX Fill Client API allows Penson Futures or the client to obtain periodic updates of fill information for specific accounts to be used in RiskView or some other internal risk management tools.
In addition, we recognize some of our clients may already being using an API from other Independent Software Vendors, so we also offer similar market access.
Colocation Services
Penson Futures offers exchange access to the CME Group of Exchanges through our low-Latency colocation facility. This premium offering reduces network latency by eliminating third-party carriers between Penson Futures and the CME Trading Network.Data Center Information
