
ZagFN: one connection to 1,100+ brokers, banks and venues
ZagTrader's managed access network and hosting. We run the sessions, the certification and the data centers, so your team trades instead of integrating.
In short
ZagFN is ZagTrader's managed trading network. One connection reaches 1,100+ brokers, banks, exchanges and venues, through direct routes, NYFIX and other networks, and Bloomberg EMSX and TSOX. We host and monitor it in data centers close to your markets, so adding a destination is a configuration, not a project.
- Reach
- 1,100+ brokers, banks, exchanges and venues worldwide
- Hosted in
- UAE, Saudi Arabia, Jordan, Kuwait, Milan, Hong Kong, New York and London
- Connects over
- FIX, REST and WebSocket, plus the routing networks you already use
What ZagFN gives your desk
Market access as a managed service, not a stack of integrations.
One connection, 1,100+ destinations
Route to brokers, banks, exchanges and liquidity providers worldwide through one managed connection instead of one project per counterparty.
Browse destinationsThe networks you already use
Reach counterparties through NYFIX and other routing networks, and trade through Bloomberg EMSX and TSOX alongside direct routes.
See the detailsDirect exchange access
Direct connections to regional and global exchanges, with order routing, drop copy, and depository and clearing messages handled for you.
See the detailsHosted in your region
Managed data centers across the Middle East, Europe, Asia and North America keep you close to your markets and your data in-region.
See the detailsA member OMS for exchanges
Exchanges deliver a managed order management system to their members over ZagFN, with direct market connectivity included.
See the detailsCrypto venue connectivity
Connect to digital-asset exchanges over FIX and their own APIs, with the same order flow and execution reports as any other venue.
See the detailsHow onboarding works
From your list of counterparties to live, monitored order flow.
- 1
Choose your destinations
Pick the brokers, banks, exchanges and networks you need. If one is not on our list, tell us and we will scope the route.
- 2
We provision the sessions
ZagTrader sets up each connection in the data center that suits your markets, with primary and backup sessions.
- 3
Certify before you go live
Test order types, fills and drop copy end to end in a certification environment, without risking a live trade.
- 4
Trade, monitored around the clock
Go live with every session watched and every message logged. Adding the next destination is configuration, not code.
Everything inside ZagFN
The full capability set, in plain language.
| Capability | What you get |
|---|---|
| Outbound order routing | New, amend and cancel orders sent over FIX to brokers, exchanges and liquidity providers, with execution reports written straight back to your orders. |
| Routing networks | Access to counterparties through NYFIX and other financial routing networks, alongside direct routes. |
| Bloomberg | Bloomberg EMSX and TSOX connectivity for the institutional flow global investors already use. |
| Direct exchange access | Direct connections to regional and global stock and commodities exchanges. |
| Inbound DMA | Receive client and partner orders over FIX into the same validated order pipeline, with checks on allowed markets, timings and cash, and executions sent back. |
| Drop copy | Real-time copies of fills from external brokers and exchanges for independent risk, reconciliation and reporting. |
| Trade reports and cross trades | Crossed orders sent as trade reports, trade capture reports handled, and cancelled trades stored. |
| Depository and clearing links | Depository and clearing messages over the exchange's gateway, with failover, sequence recovery and every message kept on record. |
| Crypto venues | Digital-asset exchanges reached over FIX or their own APIs, answering in standard execution reports. |
| Member OMS for exchanges | A managed order management system that an exchange offers its members, delivered and hosted over ZagFN. |
| Market data | Exchange and vendor feeds handled natively and streamed to your screens and APIs alongside your order flow. |
| Session management | Scheduled logon and logout, sequence recovery, primary and backup sessions, and automatic reconnection when a link drops. |
| Counterparty dialects | Per-counterparty FIX tags and message mapping absorbed by ZagFN, with no change to your trading workflow. |
| Security | Encrypted sessions, logon credentials and venue signatures per session, and secrets held in a vault rather than in files. |
| Monitoring and support | A live view of every session, full message logs, FIX parsing and investigation tools, and alerts to administrators by e-mail and SMS. |
| Hosting options | Managed hosting in ZagFN data centers, or the platform on-premise or hybrid where data-residency rules call for it. |
Frequently asked questions
What is ZagFN?
ZagFN is ZagTrader's managed access network and hosting. It connects you to 1,100+ brokers, banks, exchanges and venues, and runs the platform in data centers close to your markets.
Which destinations can we reach?
Brokers, banks, exchanges, liquidity providers and crypto venues, through direct routes, NYFIX and other networks, and Bloomberg EMSX and TSOX. Browse the list on our Routing Destinations page.
What if a counterparty we need is not on the list?
Tell us. New counterparties are added as configuration, then certified end to end in a test environment before any live order is sent.
Where is ZagFN hosted?
In data centers in the UAE, Saudi Arabia, Jordan, Kuwait, Milan, Hong Kong, New York and London, so access stays fast and data can stay in-region.
Can an exchange use ZagFN to serve its members?
Yes. Exchanges deliver a managed order management system to their members over ZagFN, with direct market connectivity included.
Can our own clients send us orders over FIX?
Yes. Inbound DMA takes client orders over FIX into your validated order flow and sends executions back to the client in real time.
Explore further
See it on your own business
Tell us how you work today and we will show you the matching workflow on ZagTrader.
100+ institutions run on ZagTrader technology, with $500B+ in client assets on the platform
Institutions that run on ZagTrader technology











