Imported from previous forum
New York, NY – Wednesday, March 10, 2004 – Objective Concepts, LLC., a New Jersey based Software Company and Developer of TradeTest, announced that ARCHIPELAGO has chosen the NYSE-FIX Simulator Component as the solution to enhance their emulation of NYSE-FIX in the TradeTest Testing System testing and verification environment. ARCHIPELAGO is the nation’s first totally open, all electronic stock exchange and has utilized the TradeTest suite of tools since their inception.
Objective Concepts, LLC provides the Securities Industry with the most advanced unparalleled ASQ Trading Systems Testing Solutions available worldwide. Our EAI test harness, TradeTest, is a confluence of highly sophisticated integrated software toolsets that precisely replicate your choice of any North American Markets trading services and protocols by simulating the absolute true trading system environments of choice. TradeTest features the ability to mold customized inherent business logic into the service simulator to perform exact replication and capture idiosyncrasies and flaws, thus preventing catastrophes in production. Unlike any other trading system test systems available today, only TradeTest provides intelligent interface simulators for the following Services and Data Feeds for multiple distributed environments:
SIAC: (CTS, CQS, ITS, CMS, FCS-CMS, CAP)
NASDAQ: Prime/TotalView, NQDS, NIDS, MFDS, OpenView, Level-1 Service (OTCBB Quotes), TDDS, UQDF-UTDF, OMDF Multicast Services, SuperMontage
CTCI (ACT, ACES)
SDP
NASDAQ Workstation II
Island and Instinet ECN’s
and many more consolidated market data providers and services. These services are highly integrated wherever possible to provide a very coordinated and realistic simulation for ad hoc and regression testing. TradeTest is capable of generating and validating orders or market data at any rate with its Next-Gen Order Generator, handling FIX and CMS protocols, for entry into any order management or trading system having an IP interface. We currently support FIX standard versions 4.0-4.4, NYSE-FIX, and any customized variations of FIX. Our skill sets enhance the possibilities for generic FIX regression testing and enable scenarios for complex route destination testing, simultaneously managing both the destination side interface and the resultant trading partner simulation. TradeTest provides for internal route test messaging through associated market-centers and market makers by seeding trade books, thus generating completely realistic market activity and Six-Sigma compliant recordation and reporting.
About Objective Concepts, L.L.C.:
Having primary headquarters in Newark, NJ, Objective Concepts, L.L.C. has developed this ASQ Six-Sigma Compliant toolset with its principals and members who possess over 75 cumulative years of hands-on experience designing, developing and implementing trading systems, matching engines and testing solutions for some of the world’s largest financial institutions.
As a provider of Custom Turnkey Software, Objective Concepts, LLC has developed TradeTest as a scalable, high-volume, transaction quality software toolset endorsed by and meeting the demands of today’s Wall Street community. TradeTest provides real-time precision 24 x 7 x 365 automated testing capability for multiple users operating multiple target environments with a common Test Repository. Since our generic P.A.T.T. architecture is designed to permit rapid deployment of new products, we can implement interface simulators for any protocol to address your testing needs. Objective Concepts, LLC has an extensive Software Library built on the latest object oriented principals and technologies. The company is a Full Service Computer Systems Provider, including Service, Support and Helpdesk facilities. Our success has come from the high quality of our products and services and our extensive experience in the securities industry. For more information on our products and our company, please visit www.objective-concepts.com or email Lois@ocllc.com
Lois J. Felber
Manager, Public Relations
908-206-9518
Objective Concepts, L.L.C.
Lois@ocllc.com