# ECN

**URL:** <https://forum.fixtrading.org/t/ecn/568>\
**Category:** General Q&A\
**Tags:** xid\_161220, imported, ecns-exchanges\
**Created:** [August 14, 2008, 5:30pm UTC](https://forum.fixtrading.org/t/ecn/568 "2008-08-14T17:30:58Z")\
**Posts on this page:** 9\
**Page:** 1

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**Author:** ![sridharsatya\_x](https://avatars.discourse-cdn.com/v4/letter/s/c5a1d2/32.png) [@sridharsatya\_x](https://forum.fixtrading.org/u/sridharsatya_x)\
**Post date:** [August 14, 2008, 5:30pm UTC](https://forum.fixtrading.org/t/ecn/568/1 "2008-08-14T17:30:58Z")

</div>

Imported from previous forum

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<div class="post-metadata">

**Author:** ![sridharsatya\_x](https://avatars.discourse-cdn.com/v4/letter/s/c5a1d2/32.png) [@sridharsatya\_x](https://forum.fixtrading.org/u/sridharsatya_x)\
**Post date:** [August 14, 2008, 5:30pm UTC](https://forum.fixtrading.org/t/ecn/568/2 "2008-08-14T17:30:58Z")

</div>

Hi All,

Can someone help me how to simulate an exchange and broker/Dealer.  
Is there any free tool available in the market.  
Is Quickfix a tool used for the same? If not what is the help of Quickfix.

Any documentation provided by FIX on this regard.

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**Author:** ![ambararasan\_x](https://avatars.discourse-cdn.com/v4/letter/a/a6a055/32.png) [@ambararasan\_x](https://forum.fixtrading.org/u/ambararasan_x)\
**Post date:** [August 14, 2008, 5:50pm UTC](https://forum.fixtrading.org/t/ecn/568/3 "2008-08-14T17:50:03Z")

</div>

Hi Sridhar,  
To simulate an exchange you can try aegis exchange simulators. Please find out more from their website  
[http://www.aegisoft.com/products-testing-exsim.htm](http://www.aegisoft.com/products-testing-exsim.htm)

They have a client version as well.

I’ve used them and they are one of the best in the market.

Regards,  
Ambar

> Hi All,
> 
> Can someone help me how to simulate an exchange and broker/Dealer. Is  
> there any free tool available in the market. Is Quickfix a tool used for  
> the same? If not what is the help of Quickfix.
> 
> Any documentation provided by FIX on this regard.

---

<div class="post-metadata">

**Author:** ![hassanbasharat32\_x](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@hassanbasharat32\_x](https://forum.fixtrading.org/u/hassanbasharat32_x)\
**Post date:** [August 14, 2008, 6:42pm UTC](https://forum.fixtrading.org/t/ecn/568/4 "2008-08-14T18:42:36Z")

</div>

Hi Ambar,

Could you share, how much did the aegis exchange simulator cost you?

Thanks,  
Hassan

> Hi Sridhar, To simulate an exchange you can try aegis exchange  
> simulators. Please find out more from their website [http://www.aegisoft.com/products-testing-](http://www.aegisoft.com/products-testing-)  
> exsim.htm
> 
> They have a client version as well.
> 
> I’ve used them and they are one of the best in the market.
> 
> Regards, Ambar
> 
> > Hi All,
> > 
> > Can someone help me how to simulate an exchange and broker/Dealer. Is  
> > there any free tool available in the market. Is Quickfix a tool used  
> > for the same? If not what is the help of Quickfix.
> > 
> > Any documentation provided by FIX on this regard.

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<div class="post-metadata">

**Author:** ![fplpo\_x](https://avatars.discourse-cdn.com/v4/letter/f/7ab992/32.png) [@fplpo\_x](https://forum.fixtrading.org/u/fplpo_x)\
**Post date:** [August 14, 2008, 7:05pm UTC](https://forum.fixtrading.org/t/ecn/568/5 "2008-08-14T19:05:17Z")

</div>

[original email was from Steve Oppenheimer - [soppenheimer@aegisoft.com](mailto:soppenheimer@aegisoft.com) ]  
Hassan,

Please feel free to contact Aegisoft directly for license information and to discuss your specific project needs in greater detail.

Regards,  
Steve O.

> Hi Ambar,
> 
> Could you share, how much did the aegis exchange simulator cost you?
> 
> Thanks, Hassan
> 
> > Hi Sridhar, To simulate an exchange you can try aegis exchange  
> > simulators. Please find out more from their website [http://www.aegisoft.com/products-testing-](http://www.aegisoft.com/products-testing-)  
> > exsim.htm
> > 
> > They have a client version as well.
> > 
> > I’ve used them and they are one of the best in the market.
> > 
> > Regards, Ambar
> > 
> > > Hi All,
> > > 
> > > Can someone help me how to simulate an exchange and broker/Dealer.  
> > > Is there any free tool available in the market. Is Quickfix a tool  
> > > used for the same? If not what is the help of Quickfix.
> > > 
> > > Any documentation provided by FIX on this regard.

---

<div class="post-metadata">

**Author:** ![fplpo\_x](https://avatars.discourse-cdn.com/v4/letter/f/7ab992/32.png) [@fplpo\_x](https://forum.fixtrading.org/u/fplpo_x)\
**Post date:** [August 15, 2008, 4:37am UTC](https://forum.fixtrading.org/t/ecn/568/6 "2008-08-15T04:37:08Z")

</div>

[original email was from Carfield Yim - [carfield.w.yim@jpmorgan.com](mailto:carfield.w.yim@jpmorgan.com) ]  
\> Hassan,

> Please feel free to contact Aegisoft directly for license information  
> and to discuss your specific project needs in greater detail.
> 
> Regards, Steve O.

We are using Aegisoft client simulator, but look like this is a GUI tool only, is that a console version that I can scripting on it and run automated test base of this?

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<div class="post-metadata">

**Author:** ![kdadach\_x](https://avatars.discourse-cdn.com/v4/letter/k/85f322/32.png) [@kdadach\_x](https://forum.fixtrading.org/u/kdadach_x)\
**Post date:** [August 14, 2008, 6:27pm UTC](https://forum.fixtrading.org/t/ecn/568/7 "2008-08-14T18:27:44Z")

</div>

Sridhar:

Greenline Financial Technologies offers VeriFIX, a comprehensive FIX simulation tool for functional and performance testing. For more information, please go to:

[http://greenlinetech.com/products/verifix.php](http://greenlinetech.com/products/verifix.php)

You can also contact me directly at [kdadacha@greenlinetech.com](mailto:kdadacha@greenlinetech.com) and I would be happy to discuss the features and functionality in further detail.

Sincerely,  
kd

> Hi All,
> 
> Can someone help me how to simulate an exchange and broker/Dealer. Is  
> there any free tool available in the market. Is Quickfix a tool used for  
> the same? If not what is the help of Quickfix.
> 
> Any documentation provided by FIX on this regard.

---

<div class="post-metadata">

**Author:** ![hassanbasharat32\_x](https://avatars.discourse-cdn.com/v4/letter/h/c77e96/32.png) [@hassanbasharat32\_x](https://forum.fixtrading.org/u/hassanbasharat32_x)\
**Post date:** [August 14, 2008, 6:55pm UTC](https://forum.fixtrading.org/t/ecn/568/8 "2008-08-14T18:55:30Z")

</div>

Kd,

Could you tell us what’s the approximate cost figure one should keep in mind when thinking of procuring this simulator? I asked Ambar the same question earlier about the simulator from aegis. It may benefit several people on this forum.

Also, if you could tell us about the support it has for the simulation of algorithmic trading.

We have developed a basic exchange simulator ourselves, but we’re looking to be able to simulate more sophisticated scenarios.

Thanks,  
Hassan

> Sridhar:
> 
> Greenline Financial Technologies offers VeriFIX, a comprehensive FIX  
> simulation tool for functional and performance testing. For more  
> information, please go to:
> 
> [http://greenlinetech.com/products/verifix.php](http://greenlinetech.com/products/verifix.php)
> 
> You can also contact me directly at [kdadacha@greenlinetech.com](mailto:kdadacha@greenlinetech.com) and  
> I would be happy to discuss the features and functionality in  
> further detail.
> 
> Sincerely, kd
> 
> > Hi All,
> > 
> > Can someone help me how to simulate an exchange and broker/Dealer. Is  
> > there any free tool available in the market. Is Quickfix a tool used  
> > for the same? If not what is the help of Quickfix.
> > 
> > Any documentation provided by FIX on this regard.

---

<div class="post-metadata">

**Author:** ![fplpo\_x](https://avatars.discourse-cdn.com/v4/letter/f/7ab992/32.png) [@fplpo\_x](https://forum.fixtrading.org/u/fplpo_x)\
**Post date:** [September 10, 2008, 9:13pm UTC](https://forum.fixtrading.org/t/ecn/568/9 "2008-09-10T21:13:09Z")

</div>

[original email was from Serg Gulko - [rimas@zeos.net](mailto:rimas@zeos.net) ]  
Hello Hassan!

You can try this tool: [http://axonsoftware.biz/projects/fix\_debugger.html](http://axonsoftware.biz/projects/fix_debugger.html)  
He support scripting on server site. It is also GUI so you should not expect extreamly high speed. But you can define your own scenarious.

> Kd,
> 
> Could you tell us what’s the approximate cost figure one should keep in  
> mind when thinking of procuring this simulator? I asked Ambar the same  
> question earlier about the simulator from aegis. It may benefit several  
> people on this forum.
> 
> Also, if you could tell us about the support it has for the simulation  
> of algorithmic trading.
> 
> We have developed a basic exchange simulator ourselves, but we’re  
> looking to be able to simulate more sophisticated scenarios.
> 
> Thanks, Hassan
> 
> > Sridhar:
> > 
> > Greenline Financial Technologies offers VeriFIX, a comprehensive FIX  
> > simulation tool for functional and performance testing. For more  
> > information, please go to:
> > 
> > [http://greenlinetech.com/products/verifix.php](http://greenlinetech.com/products/verifix.php)
> > 
> > You can also contact me directly at [kdadacha@greenlinetech.com](mailto:kdadacha@greenlinetech.com) and  
> > I would be happy to discuss the features and functionality in  
> > further detail.
> > 
> > Sincerely, kd
> > 
> > > Hi All,
> > > 
> > > Can someone help me how to simulate an exchange and broker/Dealer.  
> > > Is there any free tool available in the market. Is Quickfix a tool  
> > > used for the same? If not what is the help of Quickfix.
> > > 
> > > Any documentation provided by FIX on this regard.
