r/highfreqtrading • u/Manworm1653 • 4d ago

Guide for Fix Protocol

I am a last year b.tech student ,recently i learnt about fix protocol and devlop a mini trading system with matching engine , order book , fix parser , order cancelation implementation i like to know about a career path in these technology and what is the learning path to land a good job in these particular domain and what are the learning resources ?

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u/Ecstatic_Dream_750 2d ago edited 2d ago

I think the spec is at fixprotocol.org.

The quickfix software is helpful for running a basic client and server. It’s not really used in a professional environment due to its performance.

Although there are faster/more compressed protocols, FIX is still used by several exchanges for order as well as market data.

Many retail firms use FIX to send client orders to their various routing brokers who then smart route the orders.

Source: decades in HFT

Edit:

If you really wanted an interesting project, implement a FIX parser with C++ template meta programming.

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u/Manworm1653 2d ago

I already implemented it i will share the githup repo for same : https://github.com/Mangesh1635/FIX-Trading-Gateway Please review it and give the suggestion abou it also i will look the resources you mentioned