Drop Copy Hub solution based on FIX Edge for agri-business Company

A leading agri-business company, as part of a proprietary trading system, was looking for a solution for capturing physical purchase and sales contracts with various counterparties, as well as capturing derivative hedges for managing price risk. 

The leading agri-business company (the Customer) choose EPAM to provide a solution with the following requirements:

• To supply a generic drop copy HUB to reliably work with multiple venues
• To be flexible to accommodate specific FIX dialects
• To provide integration with a third party application, which monitors trade activities
• To provide trading data to be monitored under Market Abuse Regulation 

Solution is based on EPAM B2BITS' generic server FIXEdge®.

FIXEdge® technology was used to implement a Drop Copy Hub for the Customer:

• Connect to 5 trading venues
• Receive orders, trades, and security definitions from trading venues systems over FIX sessions
• Save orders, trades, and security definitions to MS SQL database
• System operates 24x7 without a reboot of FIXEdge
• Support of multiple FIX versions (FIX 4.2, FIX 4.4, and custom FIX dialects)
• Scheduling of opening and closing sessions, operations, and data archiving are fully automated.

• FIXEdge®
• FIXICC®
• C/C++, FIX, JavaScript
• MS SQL Server

The implemented FIXEdge® solution is a reliable Drop Copy HUB, which operates 24x7. The solution accumulates data from various trading platforms; the Customer uses these data for monitoring and analysis. The solution has been successfully used on production since 2017.