FIX Order Entry

Bandwidth recommended for submitting orders via FIX depends on expected customer order volume. If a customer intends to submit orders to Cboe and will not receive market data, then it is possible that the customer can connect with less than a T1 equivalent connection. The following table shows the maximum number of inbound orders (and/or cancels) per second that can be handled, with no buffering or delay, with different capacity connections.

Table 1. Example Connection Rates
Order Protocol256Kb512Kb1.5Mb
FIX75/sec.150/sec.450/sec.
Cboe Titanium U.S. Equities/Options Connectivity Manual - FIX Order Entry | Cboe