FIX Engine built into MATLAB with support from FIX Flyer Managed Services
MathWorks today announced integration with FIX Flyer's FIX Engine, providing access to FIX-compatible trading systems directly from MATLAB, the high-level language and interactive environment used by millions of engineers and scientists around the world. MATLAB users engaged in financial services can now access a number of institutional and retail brokers, stock exchanges, and third-party networks using the FIX communications protocol. Support for FIX Flyer's FIX Engine trading platform is now available on Trading Toolbox.
By decoupling MATLAB applications from proprietary desktop trading applications, developers can distribute MATLAB algorithms to multiple end users, embed them in other applications, or co-deploy them to a particular stock market. This allows MATLAB users to develop and reuse trading strategies across multiple systems, providing a cost-effective approach to managing their trading infrastructure. This approach can also help users transition from individual to institutional trading, all from a single platform.
MATLAB users can quickly start trading with their trading partners through FIX Flyer's managed connectivity service. Users can avoid unnecessary complexity by relying on FIX Flyer's global operations team for certification and monitoring of FIX connectivity across all asset classes. FIX Flyer's managed service is certified by over 100 of the world's leading brokers, stock exchanges, order management systems (OMS) and electronic communication networks (ECNs).
“With support for network communications through FIX protocols, MATLAB users can move from trading strategy research to actual trading using any FIX-compliant system,” said Stuart Kozola, director of finance products. MathWorks Computing. “This offers many possibilities for MATLAB users in the financial industry to access market information and execute trading instructions in a variety of proprietary and trading systems, all from within the MATLAB environment.”
“The partnership between MATLAB and FIX Flyer will take the complexity out of electronic trading for algorithm developers, quant traders, or any MATLAB user,” according to Brian Ross, CEO of FIX Flyer. “Flyer's team of specialists in financial information exchange (FIX) and trading operations will offer support to MATLAB users, allowing them to focus on their trading strategies. We are pleased to be working with industry leaders like MathWorks to facilitate access for the financial community to electronic markets through FIX.”
Alternatively, experienced FIX MATLAB users also have the option of leveraging FIX Flyer's FIX Engine for Business Software to connect directly with internal and external trading partners.
