Kraken FIX Spot/Futures Trade Connector

Features

fix-krakenConnector Key

Instruments

FXFUTURE

Request Types

SUBMITCANCELREPLACE

Order Types

MARKETLIMIT

Time In Force

IOCFOKGTCGTD

Order ID Mapper

UUID

✓

Order Status Request

✓

Cancel On Disconnect

✓

Commission

✓

Post Only

✓

Fast Cancel

✗

Fast Replace

Notes

Description

The Kraken FIX API is a FIX 4.4 implementation for institutional and HFT clients. It provides the lowest-latency order entry path, deterministic message sequencing, cancel-on-disconnect, and session-based message replay. It covers both Spot and Derivatives markets via a single Spot FIX API Key.

Connectivity

Before logging into their FIX session, clients must have their incoming IP addresses whitelisted and establish a secure channel to the provided FIX API. Kraken will provide a pair of designated compIDs, URL and ports to establish a FIX session.
Trading and market data endpoints will be served over different ports.
Connection with the FIX API need to be done using TCP SSL with TLS 1.3.

Hours of Operation

Both market data and trading sessions operate 24/7 with a logical session rollover every day at 22:00 UTC.
The rollover lasts approximately 30 seconds; both Trading and Market Data sequence numbers are reset to 0.

Margin trading

Leverage can be set via (in increasing priority order):

• krakenLeverage instrument attribute
• 6001 custom attribute.

Order Replacement

Replacement functionality is supported for Spot FIX sessions only.

warning

Replacement for Futures is (still) not supported by exchange.

Order Status Request

Order Status Request is not supported for Futures.

Rate Limits

• Spot Rate Limits
• Futures Rate Limits

Symbology

• Spot
  Currency pairs using Kraken's ticker codes concatenated with /, e.g. XBT/USD, LTC/USD.

  • https://api.kraken.com/0/public/AssetPairs
  • https://api.kraken.com/0/public/Assets

• Derivatives

  • https://futures.kraken.com/derivatives/api/v3/instruments

Configuration

Connector settings

Parameter	Default Value	Description
apiKey		Api Key.
apiSecret		Api Secret.
clientId		Client Id.
cancelOnDisconnect	true	Whether or not session orders should be cancelled upon disconnect.
selfMatchPreventionInstruction		Defines the strategy of dealing with matching orders if SMP is triggered. Valid values: CANCEL_RESTING, CANCEL_TAKING, CANCEL_BOTH.
orderMapperType	UUID	Defines how to compose ClOrdID(11). Supported values: UUID, SEQUENCE (Spot Only).
resetClientOrderId	false	Indicate if you want to reset your ClOrdID(11) sequence while relogging. Suggestion is to use this feature in emergency only.

Supported order attributes

Key	Description
18	ExecInst(18). If more than one instruction is applicable to an order, this field may contain multiple instructions separated by space.
62	ValidUntilTime(62). The engine will reject any order entered into the matching engine after this time. This provides extra protection against latency on time sensitive orders. The timestamp should be at least 2 seconds and at most 60 seconds in the future. Format: YYYYDD-HH:MM:SS.uuu.
168	EffectiveTime(168). Scheduled start time on the order expressed in UTC. the order won't be visible on the book and won't match before that time. (Spot only).
388	DiscretionInst(388). The reference price to track for triggering orders. Possible values: 1 - Related to index price 5 - Related to last trade price. Default value - 5.
6001	Leverage(388). Use margin account for the order funding. (Spot only).
7928	SelfMatchPrevention(7928). Defines the strategy of dealing with matching orders if SMP is triggered. Valid values: 2 - Cancel resting order, 1 - Cancel aggressing order, 0 - Cancel both.

Config sample

connectors {
  KRAKEN: ${template.connector.fix.kraken} {
    settings {
      host = "<STUNNEL_HOST>"
      port = <STUNNEL_PORT>

      senderCompId = "<SENDER_COMP_ID>"
      targetCompId = "<TARGET_COMP_ID>"

      apiKey = "<API_KEY>"
      apiSecret = "<API_SECRET>"
    }
  }
}