Imported from previous forum
The QWFIX Order Gateway is the centerpiece software in a trading organization. QWFIX Order Gateway combines the functionalities of both order routing and order management, while most of the order routing engines in market only do simple message translations.
QWFIX Order Gateway takes advantage of the superior performance and efficiency of the QWFIX Engine and Order Management component. QWFIX engine can cache more than 1 million FIX messages per gigabyte of memory. On modern 64 bit machines with 128 GB or 256 GB memory, it is possible to cache over 100 million FIX messages in memory, which is more than the daily volume of most of firms.
Note QWFIX does not have to cache all messages in memory in order to achieve maximum performance. QWFIX Order Gateway can manage tens of millions of intraday orders at constant rate of tens of thousands of FIX messages per second.
QWFIX products support hot standby failover with high speed inter-connect hardware such as Merinet or InfiniBand. That feature has been built into the core engine and can be easily enabled through our professional service. The FIX engine also supports high performance recovery feature that can “replay” entire FIX message communications at the speed of up to 100,000 FIX message per second.
QWFIX Order Gateway is fully configurable with our GUI based configuration tool, QWFIX Enterprise Manager. It is also fully manageable with our GUI based management tool, QWFIX RTAnalyzer. QWFIX Order Gateway is tightly integrated with our innovative GUI based rule engine, Visual Lambda. Message translation and routing override can be customized with Visual Lambda during run-time.
QWFIX Order Gateway is released with full source code. By publishing the code we want to demonstrate how easy it is to build order handling application with QWFIX Order Manager API. The code that implements the complete order routing logic is only about 1,000 lines of code. About another 1,000 lines of code defines the settings data structure that is manageable by the GUI based configuration tool QWFIX Enterprise Manager.
QWFIX Order Gateway is highly extensible and robust framework. Developers can easily implement their own functions for ID translation, message translation and route calculation. There is no need to directly modify the published gateway source code.
QWFIX Order Gateway and source code, alone with the entire QWFIX SDK and management tools and sample codes, are published with unrestricted access for evaluation at our website:
http://qwtradingsystem.com
Teraspaces Inc. provides professional consulting service to help our clients build order handling infrastructure. It takes us only weeks to add features such as allocation management, reporting, list and cross order support and GT order handling to the gateway. We also help our clients build best execution and automated trading systems.
Please contact us at 732-626-0057 for more details.