System Specification

Key features in QWFIX suite 1.5

• Built with pure .Net 2.0 technology, single set of binary optimized for both 32 bit and 64 bit platforms.
• Pure Java version is going to be released soon.
• High performance, highly availability, enterprise level FIX engine
• High performance, highly availability, enterprise level FAST engine for market data
• Object-oriented database with aggressive in-memory cache based on FIX messages
• GUI based real-time business rule management that handles most sophisticated business rules
• Well designed programming interface and well defined documentation for developers
• Remote FIX message synchronization API
• GUI based configuration tools for distributed or centralized configuration management
• Advanced version control system that keeps track of changes in configuration
• Advanced order management component that manages all types of orders defined from FIX 4.0 to 5.0+.
• GUI based real time connectivity management and order management tools

Performance

• 10,000-100,000+ FIX messages per second on a single machine
• over 2 million FAST fields per second on a 2.4GHz dual core machine
• Over 100 million intra day FIX messages per server on 64 bit machine
• Over 10 million intra day FIX messages per server on 32 bit machine
• Distributed environment with linear performance scalability

Reliability

• Recovery and hot-standby features built in FIX engine
• Full recovery capability with a new process from state 0 at the rate of 100,000+ FIX messages per second
• High availability without sacrificing performance

FIX Engine

• Supports FIX 4.0 - 5.0+
• Encryption and SSL security

FAST Engine

• Full support for latest FAST specification (currently 1.x.1)
• Full support for latest FAST session control protocol (SCP) (currently 1.1)

Order Management

• Manages all types of orders defined in FIX 4.0 through 5.0, including single, cross, list, and multileg securities.
• Supports GT order handling
• Innovative, developer friendly event model that greatly simplified the development process

QWFIX Gateway (Order Routing)

• Released with full source code
• Based on QWFIX Order management framework. Order routing, ID conversion, FIX message normalization and translation are all performed on order level instead of message level.
• Configuration managed by QWFIX Enterprise GUI tool
• Programming interface allows third party customization (ID conversion etc)

Tools and Components

• Enterprise Manager provide visual tools to customize FIX schema, configure FIX sessions, and rules
• Visual Lambda™ generates flexible, verifiable rules with a user-friendly GUI tool. Rules are dynamically compiled into machine code and executed at full speed in runtime
• Real time analyzer manages all intraday FIX communication and alerts in real time, in a distributed environment
• GUI based order entry and order management tool (QWFIX Trader) for QA and testing that cover complete order management logic for all FIX versions and all asset classes
• Process Manager monitors and manages distributed processes, allows user dynamically migrate processes across machines in a cluster
• Automated test suite allows user customize complicated testing script with GUI tool

Programming Interface (SDK)

• Well designed, programmer-friendly libraries including FIX engine and FAST engine
• Standard Order Management components
• Full documentation with library references, system manuals, tutorials, code snippets and white papers
• Automatically generates constants from FIX schema
• Visual Lambda™ integration
• Comprehensive samples with source code