Imported from previous forum
Public FIX Course – 16th Feb in the City of London
Half-day FIX Overview course and a full-day FIX Detail course in the City of London on Wednesday 16th February 2005
Presenter : Leon Doherty ex-head of FIX IT at Barclays Capital and UBS. FIX global technical committee member for 5+ years. Experience of all aspects of FIX; engine selection, system design, implementation and production system management.
FIX Overview course (half-day)
When: Wednesday 16th Feb 2005, 9.00 – 12.00
Objective : To provide a general understanding of FIX, how it is used and how it can be implemented.
Who should attend : Managers and business/IT practitioners considering the implementation of FIX.
Topics :
• Catalysts driving the financial world to electronic data interchange
• What is FIX ?
• What is FIX used for ?
o Equities, Derivatives, Fixed Income, FX and CIV
• Why use FIX rather other electronic standards ?
• Example of a FIX order sent from a client to a broker
• Connecting via FIX
o How do two firms interconnect using FIX ?
o Definition of your Rules of engagement (ROE)
o Client on-boarding process flow
o Review each party’s ROE and resolve problems
o Agree network connectivity
o Agree test and go-live plan
o Execute plan and gain sign-off
• FPL membership and FIX
o History of FIX
o FIX Protocol Web Site as a source of information
o Benefits of FPL membership
o Future direction for the FIX protocol
• Production FIX (How to keep your clients)
o Monitoring connection
o Detection of failure
o High availability
• FIX Organisational Strategies
o Degree of separation of IT development from IT production and client on-boarding
Price : £300 + VAT (includes Tea/Coffee. Lunch an additional £40)
FIX Detail course (full-day)
When: Wednesday 16th February 2005, 09.00 – 17.00
Objective : To provide a detailed understanding of FIX, how it is used and how it can be implemented by drawing on actual experience.
Presenter : Leon Doherty.
Who should attend : Business and IT practitioners considering the implementation of FIX.
Topics : All topics from the FIX Overview course +
• FIX Session Level
o Definition and operation of the FIX session layer
o What is the distinction between session and business ?
o Changes to the session by FIX specification version
o FIX ML
o Use of non-standard fields and messages
• New FIX Installation
o What does an OMS do ?
o What does a FIX engine do ?
o FIX Vendor Selection
o Criteria for selection and market observations
o Specific knowledge of FIX engines
• FIX Orders and executions
o Usage
o Key fields
o Walk-through illustrative FIX order and execution examples
o Message change made by FIX version
o List trading messages
• FIX Pre-Trade messages
o Description of messages, their interaction, their usage and major changes in each FIX version
• FIX Post-Trade messages
o Description of messages, their interaction, their usage and major changes in each FIX version
• FIX Common messages
o Description of messages, their interaction, their usage and major changes in each FIX version
• Lessons learned implementing FIX
Price : £550 + VAT (includes Tea/Coffee and lunch)
Please contact me to discuss group discounts or running the course at your site.
For more detail see http://www.dohertyitconsultants.co.uk.
To book or to discuss the course please email leon@dohertyitconsultants.co.uk or call 01298 871994.
Leon Doherty
http://www.dohertyitconsultants.co.uk