EPAM provides pre-certified connectivity solutions
for direct access to CQG Market
Data and Order
entry interfaces.
The CGQ Direct Access solution works out of the box as a
background service and does not require additional coding, except
for business logic and / or integration with client middleware.
This solution is created on the basis of FIXEdge, and therefore
inherits all its features: /trading_solutions/fixedge .
CQG Web API Market Data
The FIXEdge CQG solution provides an application with access to
the following information:
- Streaming Level 1 and Level 2 data
- Historical tick, intraday bar, and daily bar data
- Order execution, account summary, order history, and post-trade
analysis
FIXEdge connects to the CQG Web API Market Data interface, and
it uses customized Google's
protocol buffers (GPB) and secure WebSockets technology for
data delivery. The CQG Transport adapter converts the GPB protocol
to FIX.
The solution has the following features:
- Supports
Market Data messages like MD Request, MD Request Reject, MD
Snapshot
- Provides a FIX API for subscription to market data (i.e. a bid,
an offer, a trade associated with a security, the opening, closing,
or settlement price of a security)
- Order book management by Price and by Order, controlled by
subscription request
- Primary and backup connections
- Authentication
CGQ Quotes Direct Market Data
CGQ Quotes Direct allows clients' applications to subscribe to
one or more instruments available at
CQG Quotes Direct Data Sources and has the following
features:
- Maintains connections to CQG Snapshot UDP multicast group feed
channels
- Supports instrument recovery by connection to the Replay Server
via TCP
- Connects to the Security
Definition Server and receives Security Definition
- Supports client's authorization
- Provides a FIX API for subscription to quote market data
CQG FIX Connect (Order Entry)
CQG Order Entry Engine allows sending orders to the CQG gateway
and receiving trades and orders statuses via FIX protocol. It is
a FIX Antenna™-based, low latency solution.
The solution is supplied as a library or a server application and
has the following features:
- Connects and maintains connection to the CQG trading API via
TCP/IP
- 100% FIX 4.2 standard compliance
- Supports message validation and FIX Protocol customization as
per CQG conformance requirements
- Supports user-defined tags
- User has full access to all FIX message fields.
- Fully supports all administrative and application messages
according to CQG FIX specification
- Flexible configuration of trading hours and sequence reset
control via cron-like expression
- Automatic recovery of missing messages according to FIX
standards using a resend request
- Supports drop copy functionality
- High
performance/Low latency in C++ implementation:
-
- FIX Engine is able to handle more than 500 sessions
- FIX Antenna C++ adds about 18 microseconds latency (with 99
percentile) and the maximal total steady throughput is about
500000 msg/sec
- Message persistence and FIX version conversion. About 1000
msg/s incoming throughput and 100 000 msg/s outgoing
throughput
- No message persistence and FIX version conversion. About 2000
msg/s incoming throughput and 200 000 msg/s
outgoing throughput
- Provides administration utility, allowing monitoring
session statuses and maintaining configurations in real time
The deployment of this solution
will provide the following benefits:
- Pre-certified with CQG
- Quick start and benchmark samples assuring prompt familiarizing
with the software
- Re-use of a proven and certified technology with direct market
access
- Reduced time to market and cost of implementation &
operation
- Lower technical risk for support and maintenance
- 24x7 support provided worldwide
- Provides consulting and
customization services to end-user specifics and requirements
- Availability of "on-demand" software escrow
For more information about CQG Direct Access please contact us
at sales@b2bits.com