Channels

Centralise your transparency data in single-tenant Cloud storage and access it your way - via dashboards, APIs, SFTP, or FIX. Flexible delivery - Seamless integration - Full transparency
FIX Streaming
Via OMS / EMS
Web GUI
REST API

See reported trades in the shortest time-frame

Propellant FIX Streaming delivers low-latency post-trade transparency data for Bonds, Interest Rate Swaps (IRS), and Exchange-Traded Funds (ETFs) via the industry-standard FIX protocol.
This solution enables seamless integration into trading infrastructures, providing timely access to critical market data and enhancing trading efficiency.
Propellant-FIX Streaming
Key capabilities

Filter, export, drilldown on the data in a couple clicks

Low-latency, multi-asset streaming
Provides prompt delivery of post-trade data for Bonds, IRS, and ETFs, with plans to include Credit Default Swaps (CDS) in 2026.
Regulatory compliance
Includes all mandatory fields for MiFID II reporting, ensuring adherence to regulatory standards.
Key benefits

Ensure both voice and algo traders have up-to-date information at all times

Improved decision-making
Provide immediate access to timely data supporting better trading decisions.
Future-proofing
Leveraging Propellant's expertise in the Fixed Income data will offer seamless transition to the upcoming consolidated tapes without additional implementation efforts.
Enhanced efficiency & cost reduction
Reduce reliance on API calls, lowering latency and system load, and minimising infrastructure costs by leveraging existing FIX protocol setups.

FIX Protocol Version 5.0 SP2

NEW ORDER SINGLE: MSGTYPE AE 
Message=8=FIXT.1.1 9=374 35=AE 34=10173 49=fix-server 52=20250918-11:20:04.672
56=fix-client 22=4 31=101.553 32=5000 48=XS2982332319 60=20250918-10:59:17.570
207=MANL 381=5000 461=DTFNFb 571=250918115917083834 25001=NOTT 25002=MANL
25003=EUR 25005=382ecbb6daeea6bb29bdeb9a41665c6e 25006=NEWT 25008=20250918-10:59:17.632
25009=PERC 25010=20250918-11:20:04.611 25011=419b40cec8b626f15b8576a3bde36d63 10=152

Real-time transparency for better execution decisions

Propellant integrates directly into OMS/EMS platforms via FIX or API, delivering cleansed, real-time and historical data to power smarter execution strategies.
Traders access pre-trade insights, reporting timelines, and venue activity context in one screen - no infrastructure, no delays, and no IT integration needed.

We have partnered with
leading OMS / EMS providers

Charles River logo
Virtu logo
FlexTrade logo
valantic
Key capabilities

Smart trading decisions
inside your EMS

Pre-trade market visibility
View latest prints, venue activity, and liquidity trends to improve execution precision and trading strategy.
Historical execution analytics
Use historical data for trade analysis, quote calibration, and future price-making workflows.
Compliance timing awareness
Know exactly when your trade will be reported to the market, per regulatory rules.
Key benefits

Better execution with zero integration overhead

Market transparency
Traders act on enriched market data, reducing slippage and improving pricing decisions.
Clear post-trade visibility
View reporting lags and deferral rules to manage market impact and compliance.
Plug-and-play setup
ISO-certified, single-tenant Pod integrates via FIX, REST, or GUI with minimal setup.

See fixed income activity from around the world - All in one place

Propellant connects you to sources throughout Europe and the US, in order to provide a tape-like view of global fixed income activity.
See every trade posted and intraday volumes update print by print with the ability to filter by market sector or even custom portfolios.
Propellant-Web GUI
Key capabilities

Gain pre-trade insight and perform in-depth historic analysis with no infrastructure - no delays - no IT integration needed

Access market transparency
View the latest prints and liquidity trends to improve execution precision and enhance your trading strategy.
Historical execution analytics
Use historical data for trade analysis, quote calibration and backtesting
Post-trade reporting timelines
See exactly when your trade will be reported to the market.
Key benefits

Become data driven and trade smarter

Gain valuable pre-trade insight
See up-to-date activity reducing slippage and improving price making or order placement decisions.
Remove the guesswork around trade reporting
View reporting lags and deferral rules to know exactly when a print will be made available to the market.
Plug-and-play setup
Traders, quants and risk managers can get started immediately via the Web GUI with no IT assistance required.

Programmatic access to machine-readable data

Access intraday and through a systematic connection, enabling integration with your internal systems and ad hoc data analysis.
A clearly-defined data dictionary and , plus bespoke Python libraries, enable you to start querying data immediately.
Propellant-REST API
Key capabilities

Different API channels for different use cases

EasySync
Our EasySync API enables low-latency, low-effort local replication, in case you want to transfer your Cloud content on-prem.
Reference Data
Reference data is collected alongside market data, enabling easy joins to organise the transparency content using instrument and venue attributes.
Key benefits

Perform your own in-depth data analysis, leverage Propellant’s purpose-built Python libraries, and even safely upload your own data

Upload Your Own Data
Use your dedicated, secure, single-tenant Cloud storage pod to upload and then join your own data with the transparency content and make the most of bring-your-own-licence (BYOL) arrangements.
Propellant Python Libraries
Ready-made functions to help you to calculate useful financial metrics and analytics, without the need to write them yourself.
Propellant-Python libraries

Improve trading performance with actionable insights

Take the next step toward timely and data-driven insights.

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