Trade on Gemini using Axon Trade FIX API

OEMS, also known as O/EMS, is an abbreviation for Order and Execution Management System. In the beginning, there were two separate types of software known as OMS and EMS, which eventually merged into a unified system. In the present era of consolidation, modern OEMS systems have evolved to offer a wider range of functionalities, such as enhanced position management and streamlined settlement processes.

OEMS is responsible for various tasks, including order entry and execution across multiple liquidity providers, analytics, real-time market data streaming and charts, transaction cost analysis, and more. The system can be accessed both by human users and programmatically through APIs like FIX.

In contrast to traditional markets like FX, a significant portion of crypto OEMSs is dedicated to managing connectivity. While FIX is widely understood by most liquidity providers in the FX space, with specifications that have remained unchanged for years, establishing a TCP/IP connection on a Monday may be disconnected within a week. This dynamic environment adds a certain "spice" to the process of connectivity management in the crypto realm, introducing additional complexity.

We do not distinguish between retail and institutional traders as long you are familiar with FIX API.

We are primarily an API-driven platform, so if you feel comfortable with conducting integration using existing OEMS, trading tools, or general-purpose programming languages like Java, C++, Python, Rust, and so on - then we are a perfect fit for you.

With the utilization of our FIX gateway, which offers low latency and high throughput, market participants such as market makers, proprietary trading companies, brokers, hedge funds, trading platforms, and banks can effortlessly access digital asset exchanges and other liquidity pools. Integration no longer requires weeks or months of effort.

Axon Trade OEMS empowers efficient scaling up or down of your trading operations, as adding or removing exchanges becomes a mere configuration matter.

Our systems can process tens of millions of orders daily per client and are ideally suited for high-frequency trading. A rich set of messages gives complete control over the execution process and total transparency on assets under management.

Axon Trade OEMS is built keeping the concept of easy integration in mind. We offer two sets of APIs: low-latency FIX 4.4 for market data and trading and REST API for managerial tasks.

Using FIX API, you can receive market data for the desired exchange with per symbol granularity, as well as send orders and receive execution confirmations for you or for your clients (if your system is a multi-tenant trading platform) using a single connectivity point.

The REST API allows automating administrative tasks which otherwise can be done through the Client's Backoffice: create accounts, manage exchange keys, extract trading history, configure ACL for trading and FIX sessions access, and so on.

Required bandwidth depends on exchange, the number of required instruments, and how active the trading activity is on these markets. It’s mostly a case-by-case solution.

Nevertheless, here are some numbers to get a better feel of data streams.

• Binance (spot markets, 511 instruments): 4.2 Mbps
• Kraken (spot markets, 290 instruments): 5.5 Mbps
• OKEx (spot markets, 394 instruments): 6.1 Mbps

We offer several connectivity options carefully crafted to provide a secure and reliable operating environment.

Axon Trade servers are located in Equinix data centers in NY4, LD4, and TY8 and we offer crossconnection in all locations. You also can co-locate in our NY4 cabinet where we provide fully managed services.

Another option to consider is to rent a Virtual Private Server (VPS) through one of our connectivity partners.

During integration, we offer access to our demo environment. Without risking real money, you can build your integration with our OEMS. The big advantage of Axon Trade is that once you finished basic integration, exchanges can be switched easily without significant changes in your system.

We do not charge for access to our demo environment.

Even more so - during integration, our engineers will support you at every step - starting from access configuration, subscription and processing of market data feeds to sending your first orders!