Use Cases

XFX supports a range of integration patterns depending on your operational needs. Below are the most common use cases, along with relevant endpoints and guidance.

1. Price Streaming

Stream real-time indicative FX prices for analysis, estimation, or internal decision-making.

Who uses this

Customer-facing pricing UIs
Treasury and ops teams
Pre-trade analytics and forecasting

⚠️
What to know

Pricing is indicative only

Quotes are non-executable

Indicative prices may differ from live executable quotes

High-level flow

Request indicative quote → Receive real-time rate → Display or analyze

Relevant endpoints

POST /v1/customer/quotes/indicative

💡
For guaranteed execution, see Requesting and Executing Quotes.

2. Requesting and Executing Quotes

Lock in a guaranteed FX rate and execute trades programmatically.

Who uses this

Automated FX execution
FX-as-a-Service (FXaaS)
Hedging and treasury workflows

📘
What to know

Quotes are executable

Quotes have a short validity window

Prices include your custom spreads

High-level flow

Request quote → Validate price → Execute quote → Transaction created

Relevant endpoints

POST /v1/customer/quotes
GET /v1/customer/quotes/{quoteId}
POST /v1/customer/quotes/{quoteId}/execute
POST /v1/customer/quotes/{quoteId}/cancel

⚠️
Always check quote status before execution.

3. Monitor Transactions

Track the status of executed trades from execution through settlement.

Who uses this

Internal dashboards
Operational monitoring
Downstream system triggers
Automated money movement

High-level flow

Execute quote → Receive transaction ID → Poll transaction status

Relevant endpoints

GET /v1/customer/transactions
GET /v1/customer/transactions/{transactionId}

4. Reconcile Transactions

Match executed trades with incoming deposits and completed settlements.

Who uses this

Finance and treasury teams
Reconciliation and accounting
Audit and reporting

High-level flow

Execute trade → Send deposit → XFX matches transaction → Settlement completes

Related sections