Using a FIX simulator is great for functional testing. You can see how your FIX engine reacts to all different kinds of scenarios and FIX messages. Sending individual orders or executions and analysing your FIX engine’s behavior lets you know how it will behave in similar production scenarios.
For high volume clients, this is just half of the story. You’ll need to recreate and exceed…
So you’ve just received a new version of your OMS and want to make sure that your FIX functionality isn’t negatively impacted by the new release. Typically the new release will go to your testing team who will be responsible for ensuring that no functionality has regressed. The key in this phase of the project is identifying major problems as early as possible so they can be sent back to t…