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Execution & Clearing

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.

"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