The Global Futures and Options Exchange (GFO-X) provides a UK regulated, cash-settled derivatives trading venue, specifically and exclusively for eligible and professional participants to trade digital assets.
GFO-X is authorized by the UK Financial Conduct Authority and has partnered with LCH SA which will offer clearing of Bitcoin index futures and options contracts traded on GFO-X. This will be made available through a new segregated clearing service, LCH DigitalAssetClear.
Built for institutions, GFO-X provides a cutting-edge platform, providing investors with a secure and efficient trading environment where you can seamlessly hedge and manage your digital asset exposure via our full suite of cash-settled Bitcoin index futures and options contracts.
GFO-X Exchange API Support
TT® supports the following:
- Prices: Binary Market Data Feed
- Orders: FIX 5.0
Matching Algorithms
GFO-X Matching Engine
The GFO-X Trading Platform matching engine is based on a Central Limit Order Book (CLOB) model.
GFO-X Market Depth
The pulsed feed channel publishes pulsed-feed data periodically. It is an order book with at most 20-level price depth.
GFO-X Trading Hours / Trading Sessions
Trading hours – Monday through Friday:
- London time: 07:00am UK to 5:30pm UK
- India time: 12:30pm IST to 11:00pm IST (daylight savings)
- India time: 11:30pm IST to 10:00pm IST (without daylight savings)
- Chicago time: 01:00am CST – 11:30am CST
Session timings in UTC:
| Market Opening Times | Open | Session End | Close |
|---|---|---|---|
| Open Auction (futures only) | 07:00:00 | 07:29:50 | 17:30:00 |
| Levelling (futures only) | 07:29:50 | 07:29:59 | |
| Futures open | 07:30:00 | ||
| Options open | 07:35:00 |
Supported Exchange Functionality
Exchange Self-Match Prevention
TT has incorporated support for GFO-X self-match prevention. Users can set Participant ID, UBO ID, and cancel mode through TT User Setup.
Cancel on Disconnect
Exchange Cancel on Disconnect is supported at the connection level.
Note Exempting an order from cancel on disconnect using tag 18=k is not supported.
Request for Quote (RFQ)
RFQs received on the market data feed are visible in the RFQ Viewer widget.
Announcement message
Announcement messages received on the market data feed are visible in the Exchange News widget.
Unsupported Exchange Functionality
Block Trades
TT will process Block trades received on the market data BMF feed and display them to the end user. Submission of block trades is not supported at this time.
Connectivity Options
The TT® platform provides connectivity to the exchange, so you do not have to contact the exchange regarding connectivity options. Refer to TT Access for more details about your connectivity options for connecting to TT.