Imported from previous forum
25 October, 2010 - Argo SE, a provider of highly efficient software for financial markets, proudly announces a new release of Argo’s SimEx Matching Engine.
SimEx is a high capacity, low latency matching engine, the software core of electronic market place. It implements fast price-time priority order matching algorithm, rich FIX-based interfaces for order management, FIX/FAST-based market data distribution facility, and RDBMS-based order history storage. It features:
* market, limit, stop-loss, and stop-limit order types; one-cancel- the-other and if-done combinations;
* configurable set of instruments (equities, futures, options, fx as well as multi-leg instruments);
* FIX 4.2 and 4.4-based interfaces for order management (new, cancel, cancel/replace, order status request);
* FIX/FAST-based interfaces for market data publishing (instrument definition, full snapshot and incremental update for last trade, inside market, market statistics and market depth);
* support of trading schedules;
* administrative GUI, and command line interfaces, which provide trader session statistic, trader activity, order book, fills and market depth views;
* seamless integration with Argo Trading Platform components: Argo Trader, Order Router and Market Data Feeder.
Traders on Chicago Mercantile Exchange can use SimEx as a real-time market simulation tool. SimEx CME simulation facility features iLink-like order management FIX interfaces and CME FIX/FAST 2.0 complaint market data publishing. SimEx market simulator module captures CME market depth feed and updates SimEx order book accordingly. Simulation modules for other markets are available on request. SimEx can be configured to load several market maker modules to simulate different markets simultaneously.
“Although many markets maintain simulation environment, real market liquidity usually is not provided” says president of Argo SE, Igor Zvenigorodsky. “Now our customers who are writing automatic trading strategies using Argo Trading Platform http://www.argocons.com/platform.html and Argo Robots http://www.argocons.com/robots.html API can get the necessary mileage before going into production. To assist in testing of automatic trading applications even further we have added simulation of different network conditions and timings”, added Zvenigorodsky.
SimEx binary and source code licenses are available. For more information about Argo Trading Platform, SimEx and other Argo products and services please visit our web site www.argocons.com or contact us at 847 520-2199, info@argocons.com
About Argo SE
Argo SE is a provider of highly efficient software for financial markets. We strive to produce innovative solutions and offer services that meet ever evolving needs of our customers. Our main focus is development of quality software components for our flagship product - broker-neutral, multi-asset, multi-user Argo Trading Platform.
Realizing the extreme importance of highest throughput, lowest latency and adaptability of financial data delivery mechanisms, we have designed RMCast - our own reliable multicast messaging system. Use of the most advanced communication techniques along with the industry standard FIX protocol gives our platform a cutting edge advantage over competitors.
Our team of talented software engineers has decades of combined first-hand experience in building and implementation of complex software systems. Our success is based on intensive use of object-oriented techniques, design patterns and best of breed communication frameworks. Our research and development is a continuous investment.