FIX-related products and services

CME FIX/FAST Market Data Handler, FIX Order Routing, Drop-Copy and Cleared Trades API solutions

Onix Solutions [OnixS] FPL
Alpha House
London SE1 1LB GB

OnixS offers a range of out-of-the-box OnixS directConnect: CME market data, order routing and drop-copy solutions for the Chicago Mercantile Exchange (CME). These include:

The OnixS directConnect: CME FIX/FAST Market Data Handler is available in .NET / C#, C++ and Java implementations and is pre-certified with the exchange thus providing a solid, fully maintained and quick to implement CME market data platform. Main features include:

• CME AutoCert+ FIX/FAST pre-certified.
  
• Easy-to-use API.
  
• Flexible logging.
  
• Multithreaded architecture.
  
• Low latency (less than 10 usec), low CPU load.
  
• Incremental Book Management.
  
• Security Status, Security Definition, Trade and News messages are reported.
  
• Arbitration between A and B feeds.
• Synchronization of client systems to the latest market state.
  
• Recovery of missed (lost) messages (both "Market Recovery" and and "TCP Replay" feeds are supported).
  
• Instruments Recovery.
  
• Supported instrument book depth level is identified dynamically (multiple depth order books are supported).
  
• Per-symbol and sub-channel filtering.
  
• Multiple channels are supported simultaneously.
  
• History Replay.
  
• Ability to handle multi-homed hosts.
  

OnixS directConnect: CME FIX/FAST Market Data Handler Online References: Programmers Guides:

• C++ CME FIX/FAST Market Data Handler
• .NET CME FIX/FAST Market Data Handler

The OnixS directConnect: CME Globex iLink FIX Order Routing solution client interface to CME iLink (FIX order routing) is available in C#, C++ and Java implementations. This solution is pre-certified with the CME and therefore OnixS users are not required to undertake the certification process with the CME. Main features include:

• CME AutoCert+ pre-certified.
• Supports both session and application level requirements
• Supports CME Globex specific features relating to both the week long session and audit requirements.
• Easy-to-use API.
• Flexible logging.
• Multithreaded architecture.

The OnixS directConnect: CME FIX iLink DropCopy solution supports the CME Drop Copy service that sends carbon copies of iLink execution reports, heartbeats and acknowledgement, and trade bust messages for one or many source sessions through a FIX protocol-based messaging interface. Main features include:

• CME AutoCert+ Drop Copy pre-certified.
• Easy-to-use API.
• Flexible logging.
• Multithreaded architecture.

The OnixS directConnect: CME Cleared Trades API solution supports the CME Cleared Trades (CT) API, It is a toolkit designed to allow CME participants to connect to the Exchange via an API for retrieval of FIXML 4.4 messages containing NYMEX, COMEX and DME Division cleared trade information.

The CT API allows Exchange clearing member firm employees and trading firm participants to view their Exchange trading, off-Exchange trading, and clearing activity via subscription and query messages. Subscribed users can confirm deals using Straight Through Processing (STP), which reduces processing time and minimizes trade reporting errors.

The key benefits of the OnixS directConnect: CME Cleared Trades API solution are:

• Pre-tested and CME pre-certified – thus saving time and money in integration testing.
• Supported – service level guarantee that the implementation is production strength, and will support current and future enhancements.
• Easy-to-use and flexible API – designed for rapid integration with existing STP architectures, with a common API style for multi-venue implementations.
• Flexible logging – ability to analyze and diagnose issues and activity quickly
• Included fast-start source code reference implementations with client and benchmarking samples – designed for rapid familiarization and to get up and running rapidly.

Architecture

.NET, Stand alone executable / library

Asset Class

Listed Derivatives

Domain

Front Office, Order Routing, Proprietary Trading

FAST Version

1.1

FIX Version

5.0

Functionality

Allocations and Settlement Instructions, Orders and Execution Reports

Language

C#, C++, Java

Licensing

License + Maintenance, License Only, Maintenance Only

Middleware

In-process

Platform

Linux, Red Hat Linux, Windows 2k/XP/Vista, Windows NT/2k/XP, Windows Server (2003/2008)

Topic

Order routing, Post trade processing

Used by

Standard Bank

Web site

http://www.onixs.biz/cme.html

Contact

+44 20 7117 0111