Functionality OUCH RASH FIX FIX Lite QIX CTCI
Reserve  
Get Specs
Get Specs
  
Get Specs
Get Specs
Pegging (Best, Market)  
Get Specs
Get Specs
  
Get Specs
Get Specs
Discretion  
Get Specs
Get Specs
  
Get Specs
Get Specs
Post-Only
Get Specs
Get Specs
Get Specs
Get Specs
    
Minimum Quantity
Get Specs
Get Specs
        
Cancel Replace/Order Modify
Get Specs
  
Get Specs
Get Specs
Get Specs
Get Specs
Directed Orders  
Get Specs
Get Specs
  
Get Specs
Get Specs
ACES Routing  
Get Specs
Get Specs
  
Get Specs
Get Specs
Industry Standard Messaging    
Get Specs
Get Specs
    
Unsolicited Messages (UM)    
Get Specs
  
Get Specs
Get Specs
Quoting        
Get Specs
  
DROP Copies
Get Specs
Get Specs
        
ACT Trade Reporting    
Get Specs
      
Pre-Trade Risk Management
Get Specs
Get Specs
Get Specs
Get Specs
    
Credit Risk Management        
Get Specs
Get Specs
Protocol Market Description Features

OUCH

A simple protocol that allows participants to enter, replace and cancel orders, and receive executions. It is the low-level native protocol for connecting to NASDAQ OMX markets.

FIX Lite

Order entry protocol based on a subset of FIX 4.2
Protocol Market Description Features

QIX

NASDAQ protocol that provides a fast reliable point-to-point connection from the NASDAQ Market Center to your site.
Protocol Market Description Features

RASH

A simple proprietary protocol that allows participants to enter orders, cancel existing orders and receive executions.
Protocol Market Description Features

FIX

NASDAQ OMX's FIX implementation acts like a router, converting incoming FIX messages into OUCH messages and back again

FIX Lite

Order entry protocol based on a subset of FIX 4.2
Protocol Market Description Features

FIX

NASDAQ OMX's FIX implementation acts like a router, converting incoming FIX messages into OUCH messages and back again.

CTCI

Allows subscribers to record and report NASDAQ securities transactions from their computer systems to NASDAQ's computer systems via the NASDAQ message switch.