Nexus FAQ

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What is a Nexus?

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Who can set up a Nexus at OneChronos?

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How do I certify for the Nexus FIX spec?

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How do I set up a Nexus at OneChronos?

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Can I represent the residual (unfilled) quantity of my orders from a Nexus in Base?

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Is there any difference in functionality between a Nexus and Base?

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Can I participate in multiple Nexuses? Can I participate in multiple Nexuses simultaneously?

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Can I get filled in a Nexus at a price worse than what I might get in Base?

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What FIX tags are needed to access a Nexus?

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What FIX tags are passed back on a Nexus order?

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How will I learn the fills I received in a Nexus?

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In a Nexus consisting of more than two parties (One-to-Many or Many-to-Many) can I learn who I received a fill from?

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How is Self Match Prevention handled in a Nexus?

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Do I, or my broker, need a new FIX session?

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Is clearing, CAT reporting or trade reporting handled any differently in a Nexus than Base?

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Will there be a new MPID or MIC code relating to any Nexus?