Imported from previous forum
I’m thrilled to announce the immediate availability of our new multi-venue certification utility for the trading community. The utility gives developers the ability to make an internet connection to an interactive FIX service designed to replicate the message formats of a FIX counterparty such as an exchange or broker. Available all day, every day, developers can connect to the service on their own convenience, manually perform actions such as execute orders and cancel trades, and test their code against a certification script; all without needing to book a formal testing slot with the counterparty, saving a lot of wasted time for both parties.
FixSpec offers a service to the issuers of FIX specifications to set up and maintain the service on their behalf for a fixed subscription fee, removing the burden of configuration away from venues and brokers and avoiding the uncertainty of expensive consultancy fees. Since the service is designed to run in the cloud and support multiple venues, there is no need for hardware or software installation, and the resulting cost is dramatically lower than some competitive on-premise products. In order to remain in sync with the underlying venue, FixSpec maintains a connection to the underlying venue’s UAT system, continually regression testing it’s responses to ensure a high degree of accuracy.
To showcase the functionality provided by the service, FixSpec has made access available to registered users of FixSpec.com, so you can try it out for yourself.
If you would like to know more, drop me a line or come have a chat at FPL EMEA on Thursday.