Exchange Simulator - Connect First
Connect First is an exchange simulator designed to meet the diverse requirements for testing front office applications. It can be used for manual and automatic testing of FIX engine, order router, order management system (OMS), and direct market access (DMA) applications. Furthermore, it can incorporate real time market data feed and hence be used for testing of algorithmic engine and direct strategy access (DSA) applications.
Connect First operates in three modes, Manual, Automatic, and Market Simulation mode. In Manual mode, user has complete control over order execution (i.e., ack, reject and execute) from Connect First GUI. This mode is ideal for testing FIX and OMS functionalities. In Automatic mode, user configures auto-ack, reject, or execution based on a set of pre-defined rules. This enables continuous integration and automatic testing required in an agile development environment. In Market Simulation mode, Connect First builds an internal order book based on real time or replayed market data feed and executes incoming order accordingly. In addition, Connect First publishes out a market data feed reflecting the internal order book.
Connect First offers two sets of adaptors, one for order execution and the other for market data, for easy integration with existing application architecture. For example, a FIX adaptor is provided so that any FIX-compliant application can connect to Connect First without any code change. In addition, more specific adaptors can be built quickly for specific customer requirement, e.g., adaptor for GL Trade.
Key Differentiators
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Support manual and automatic modes to suit different testing needs |
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Market simulation which builds a order book based on real time market data and executes order accordingly and at the same time, emits the integrated market data back to the application |
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Focus on Asia Pacific markets, especially TSE, HKSE, and ASX |
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Flexible order execution and market data adaptors for fast integration into existing applications as well as quick development of proprietary adaptors |
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Web-based easy configuration and administration module – on-the-fly simulation behavior tuning |
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High performance for volume and algo testing |
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Multi platform supports |
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Support for different range of asset classes i.e. Equity, Futures, Options, Fixed Income, FX |
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Local on-site tech support available |
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Cost effectiveness comparing to other commercially available products |
For more details, please refer to Product Factsheet |
