FIX 4.x/5.x and native binary (exchange-specific). Exposes Order IDs, Client IDs, Price, Side, and latency timestamps for complete lifecycle tracking, from new order to execution acknowledgment.
Decode every message. Understand every trade.
Corvil Decoders translate raw market-data and order-entry packets into structured, searchable intelligence, giving your teams the context to investigate, triage, and optimize at the speed of markets.
What are Corvil Decoders?
Corvil Decoders are specialized software modules that translate raw market data and order entry packets into structured, searchable intelligence. They bridge the gap between binary wire data and operational insight, exposing key fields, message types, and latency context across 600+ decoders at scale.
By the numbers
600+: Decoders out of the box: FIX, ITCH, OUCH, binary feeds and more
5: Pack types: Transaction, Market Data, Voice Analytics, Enterprise and Beta
0μs: Performance overhead: passive tap capture with zero impact on trading latency
Global: Exchange coverage across all major venues and dark pools worldwide
Protocol coverage
Coverage
Order Entry
Market Data
Direct exchange feeds and aggregator feeds including ITCH, OUCH, and binary formats. Exposes sequence numbers, gap detection, and tick-to-trade correlation across venues.
Custom Protocols
SDK and Plugin architecture for proprietary or internal protocols. Extend coverage without waiting for vendor releases: decoded fields integrate natively with Analytics dashboards.
Frequently asked questions
Ready to decode your trading infrastructure?
Talk to our team to see how Corvil Decoders can turn raw packet data into actionable intelligence for your trading operations.
