The trading and testing product supplier says the software has been enhanced to simulate 18 trading destinations with full support for the underlying protocols. New features include eQuote support; multi-legged spreads using FIX 4.4; peg-to-market and reserve orders; and support for high-volume trading and market data.
On a quad-CPU system, Aegis says performance has been increased to cross 2000 orders/second while processing real-time market data on 5000 symbols, a feature used extensively to test algorithmic trading platforms.
Norm Friedman, vice president of Aegis Software said, Often, a prospective end user must cost-justify the purchase of our system to upper management. It’s never a difficult sell; one errant order can cost many millions of dollars. To paraphrase an old aphorism, you can’t be too rich, too thin or do too much testing of a trading system.
Support for European and Far East exchanges is planned for 2006.
