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The contribution of FIX Protocol cannot be ignored to facilitate better service in online trading software. The trading software has FIX Engine, a FIX protocol-based messaging interface. The connectivity, conversation and other vital things improve significantly when you use the FIX Engine. However, there may be stages where you need to change the protocol. You have to follow certain norms before changing the protocol. These are discussed in detail in the next slides. To know more, please visit: https://www.onixs.biz
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Factors to Consider before You Change Software’s FIX Engine
The contribution of FIX Protocol cannot be ignored to facilitate better service in online trading software. The trading software has FIX Engine, a FIX protocol-based messaging interface. The connectivity, conversation and other vital things improve significantly when you use the FIX Engine. However, there may be stages where you need to change the protocol. You have to follow certain norms before changing the protocol. These are discussed in detail in the next slides.
Ease to Access: The new FIX Engine should support other financial messaging protocols. Features of encryption should be present in the new protocol. High availability readiness and the feature to log data in flat files or databases should be present.
Secured Framework: The new FIX Protocol should have settings that help users choose the network options. The protocol should have the feature to validate and reject incoming messages on the platform. The Engine should be capable of running initiator and acceptor instances on a single engine.
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