Discussion Forums

FIX architecture questions
Neal OBrien / Boeing
8 Apr 2005 5:00PM ET

Hi - Any input on the following FIX architecture questions is greatly appreciated!

1. Are FIX engines are primarily used for b2b communication: ie. broker to broker? Or, are FIX engines primarily/extensively used in-house for exchanging buy/sell/quote requests amoungst brokers and (external) web clients of one company?

2. Does a brokerage typically have a central FIX server connected to the in-house OMS that relays executions to in-house FIX "clients"? Or, do many in-house FIX engines connect to the OMS separately?

3. A FIX Engine often communicates with an OMS, but using what protocol, FIX? Or, would this communication from FIX Engine to OMS be handled by application programming?

4. Last question: In the case of brokerages with web clients like schwab, etrade, fidelity... how might the JSP process spawn a FIX request? Presumably, the fix process is already running as a separate process, so some form of IPC is needed, what might be a good choice?

Thanks in advance!


FIX architecture questions
Neal OBrien / Boeing   8 Apr 2005 5:00PM ET
Re: FIX architecture questions
David Rhodes / TransactTools   8 Apr 2005 5:39PM ET
Re: FIX architecture questions
jeff yancey / sectel business solutions   9 Apr 2005 2:13AM ET