[This message was posted by Russell Curry of Assimilate Technology, Inc. 
<[email protected]> to the "Product Discussion" discussion forum at 
http://fixprotocol.org/discuss/24. You can reply to it on-line at 
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> I have been browsing FIXprotocol site out of interest for couple of
> months, but I have no Finance background (but I have server
> programming exp.)
> 
> Given so many FIX engine out in the market, would it make sense to
> develop a new product, and what would be the "killer feature"?
> 
> I have been thinking if "low latency", "fault tolerant" & "number of
> simulataneous connections", could make a difference, and if so can get
> these figures for best FIX engine in the market.
> 
> Any other ideas for improvements that is lacking in current FIX
> engines around?
> 
> Thanks,
> 
> Nick.

Hi Nick,

You're right about the fact that there are a number of different commercial FIX 
engines available. There are also several open-source projects out there - most 
notably the QuickFix projects.

In the context of open-source or non-commercial offerings, I would suggest that 
a great idea would be the development of a new fix engine that targets the .NET 
platform. We already have QuickFix/J out there, which provides great 
functionality on the Java side of the world, but on the C#/.NET side of things 
the best we seem to have right now is the C# bindings that are supported by the 
QuickFix/C++ project. 

Considering the number of firms that are adopting .NET for trading 
applications, I think this would be an excellent time to start an OSS project 
to develop a .NET/C# FIX engine.

Otherwise, I'd probably say that considering the number of excellent commercial 
engines that are already available, you might have more fun developing 
interesting new tools that support FIX rather than trying to build yet another 
FIX engine...


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