FIX Flyer released version 3.0 of its FIX engine, which delivers faster discrete messaging performance to high-end networks and professional trading applications and includes support for FIX 5.0. It is targeted at statistical arbitrageurs, low-latency traders and exchange operations.
The New York-based trading solutions provider also unveiled its new High Speed Transformation (HST) Engine for FIX, which it says makes it easier to manage differences in counterparty versions of the protocol without sacrificing performance. The HST Engine works with any commercial, open source or proprietary FIX engine, according to FIX Flyer. The solution also unloads the burden of critical CPU cycles required for typical message transformations handled inside the trading application, the vendor adds.
Further, HST can be easily managed by an analyst or support person using the point-and-click graphical user interface (GUI), FIX Flyer said in a release, adding that by keeping this task away from development personnel, companies can save time and money.
888-349-3593Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio