FX Trading - Spot and Forwards Matching API

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Introduction

The FX Trading – Spot and Forwards Matching API, historically called “MAPI” for short, supports the FIX protocol version 5.0 SP2. The API includes a specific set of FIX messages, constituent tags, and associated workflows.

The main workflows covered are:

  • Order submission, execution and cancellation for FX Spot. Additionally supports amendment and negotiation for FX Swap.
  • Receipt of post trade confirmations either in-session or on separate Dropcopy sessions.
  • Support for a Prime Broker STU, required to login to allow their clients trading, and receive copies of their clients’ post trade confirmations and match notifications.
  • Support for a Prime Broker Credit Admin to enable/disable/inhibit their clients, and adjust trading controls such as the Max Order Size and Max Open Orders per Instrument

Updates

3 December 2025

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