PhiFIX, a FIX messaging engine developed to perform real-time exchange of security transactions, and it supports multiple FIX versions from 4.0 to 5.0 SP2. PhiFIX enables firms to achieve high-frequency trading and effectively handles complicated FIX scenarios. It supports multiple gateway connectivity, such as order entry, trade management, market data, and drop copy.
How it Functions
PhiFIX, FIX Engine, supports any FIX user for multiple FIX sessions and customized configuration for each session. It is natively built with TLS encryption standards and enables secured communication with counterparty applications. The complete components and its initialization details can be initialized by PhiFIX and transcribed in the log. The specific FIX user can quickly identify and track the events with the information provided in the log about warnings, errors, and exceptions.
PhiFIX Engine can also test messages for scenarios such as order entry, trade management, drop copy, market data, and order management. PhiFIX supports other protocols such as FAST, ITCH/OUCH, and EMAPI. It is multi-platform supportive and modularized at any level.
PhiFIX Engine can also test messages for scenarios such as order entry, trade management, drop copy, market data and order management. PhiFIX supports other protocols such as FAST, ITCH/OUCH and EMAPI. It is multi-platform supportive and modularized at any level.
Benefits