There are so many what-ifs in this discussion that I strongly agree with
Jeff. The original poster should write some specs or requirements and then
it's possible to discuss it.

For example, how fast does this have to be, what's the required latency?
How complex is the trading system, does it have to react to order events,
how complex is the trading system's order update logic? Which exchanges are
to be supported? How many different brokers, etc. etc. etc.



On Sun, Feb 17, 2013 at 8:02 PM, Frank <frankm60606@gmail.com> wrote:

> I mean there are several trading firms in Chicago that do this. They have
> full time staffs on hand to keep everything going. FIX is not just as easy
> as sending in buy me 1 e-mini at a price. Everything in the FIX message has
> to be correct to get an ACK, if not you get a NAK. An ACK message is
> detailed here:
>
>
> http://www.fixprotocol.org/specifications/fix4.4fiximate/TradeCaptureReportA
> ck.html
>
> I was on a team interviewing for a FIX person. The best person wanted
> $200,000 plus incentives. That was more than $100,000 over our salary
> range.
> She eventually got what she was asking from a trading shop in Boston. So
> the
> help for this is not cheap.
>
> Wouldn't you rather use a brokerage firm that can take an order off a
> simple
> order entry system and let them process it into FIX format and send it on
> to
> the exchange?
>
> GL
>
> Frank
>
> -----Original Message-----
> From: r-sig-finance-bounces@r-project.org
> [mailto:r-sig-finance-bounces@r-project.org] On Behalf Of Paul Kent
> Sent: Sunday, February 17, 2013 11:30 AM
> To: r-sig-finance@r-project.org
> Subject: [R-SIG-Finance] FIX engine integration
>
>
> Hi All,
>
> We are considering porting some automated trading strategies to R.
>
> Please can you advise me on FIX integration for trading:
>
> The simplest and quickest way to do this
>
> The most common/popular way of during this
>
> The best (fastest/most robust) way of doing this.
>
> Thanks
>
> Paul
>
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>
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> should go.
>



-- 
Ulrich Staudinger, Managing Director and Sr. Software Engineer, ActiveQuant
GmbH

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