FIX Drop

Cboe offers two types of FIX Drop ports (Standard FIX Drop and Order by Order FIX Drop). Both port types do not accept orders. Their purpose is to provide real time information about order flow. They may be configured to send order flow based on various combinations of information relating to specific member firms, clearing MPIDS and/or sessions. With proper authorization (e.g. clearing or sponsored relationships), a single FIX Drop session can be used to obtain information about multiple members.