Multiple Xetra markets may be accessed via a common single FIX session. Xetra FIX Gateway supports FIX 4.2 and FIX 4.4. You have the choice, to choose the version that best fits to your individual trading system requirements. It can be used over all Xetra leased lines and VPN (Virtual Private Network) connections. XETRA FIX GATEWAY Your gateway to more flexible and efficient trading Successful trading starts with the right choice of the trading system and connectivity. Deutsche Börse’s leading cash market trading venue Xetra ® offers the most flexible and efficient connectivity there is today: the Xetra FIX Gateway interface. Based on the industry-driven and international messaging standard FIX protocol (Financial Informa- tion eXchange protocol), the Xetra FIX Gateway offers simple and flexible access to all Xetra markets, such as XETR and XFRA, clearly reducing implementation effort and infrastructure costs on your side by offering you the highest grade of flexibility. In addition, the time-to-market of future trading system innovations and enhancements will improve significant- ly, meaning that your and all other individual customer demands will be met faster than ever before. In addition to standard order activity the Xetra FIX Gateway supports following exchange functionalities: • order handling • quote requests in Continuous Auction • execution notifications • trade notifications (all trades on member level) • Xetra Trade Entry (OTC functionality) • trade reporting: fulfilment of the reporting obligation Exclusively on the Xetra FIX Gateway, you will be able to make use of Xetra’s full range of intelligent order types, such as Trailing-Stop-Order, One-Cancels- Other-Order or Order-on-Event. Xetra. The market. Xetra FIX Gateway – Technical Overview Xetra FIX Gateway features two types of FIX sessions: • Trading FIX Session (trading desk), containing only your own orders and information about their executions, e.g. ideal for order routing and order management systems • Backoffice Session, providing all notifications for your on-exchange trades, e.g. suitable to connect back office or risk management systems