3 ms·
> The better exchanges do have passwords on their FIX gateways. But the performance of a FIX login is especially important (there's often a race to start trad
by jzwinck 11y ago
> The better exchanges do have passwords on their FIX gateways. But the
performance of a FIX login is especially important (there's often a race
to start trading at the beginning of a session)
Better exchanges enable their FIX gateways long before they accept orders. They can signal their willingness to accept orders by sending everyone a message which says "we are open." Consider also that some exchanges trade products with disparate opening times. All the same applies at the close but in reverse. Better exchanges will tell you each of your orders is closed before they disconnect. Worse ones suggest you infer the same.
- lmorris84 11y agoYep most of the FIX connections I've seen are connected for most of the day, long outside trading hours. Tag 103 has specific error codes for the exchange being closed.
- listic 11y agoAnd I here thought FIX is a fictional protocol devised specifically for this game...
- wolfgke 11y agoI didn't believe from beginning on that FIX was fictional, since if it's a real protocol (or at least very near to a real protocol) it makes programmers that are good at Stockfighter a lot more placeable in the market - and this is what Starfighter wants to make money with.
- tptacek 11y agoFIX really is the TCP/IP of money.