Re: [Quickfix-developers] FIXML

[Oren M. <ore...@ya...>]

No, QuickFIX does not support FIXML and there arn't
any current plans to do so.  FIXML is something
fixprotocol.org has been trying to push to several
years but really it's just not catching on.  It was
proposed during the heady days when XML hype was at
it's peak and everybody was proposing using XML for
all purposes (those days are over... arn't they?)

I really can't think of a major financial institution
that exposes a public FIXML interface.  I know there
are some that use it for internal systems, but really
FIX not only eclipses it with its installed base, but
also eclipses it with its adoption.  FIX proper is
growing faster than ever and I'm just not seeing the
same demand for FIXML.  Now people are also starting
to use FIX for more high frequency things like market
data, where FIXML is just unworkable.

QuickFIX can handle what you want it to do.  As I tell
everyone, start using QuickFIX and get going on
producing some useful code.  If it turns out all your
needs are met then you're golden.  If not, you can
either shop around for a commercial engine, or do what
most people do and modify QF to fit you're needs and
contribute any generally usefull changes back to the
project.

At this point I believe QF has more or less made a FIX
engine a commodity, at least that was the goal. 
You'll have to see if any of the vendors can offer you
value above and beyond FIX compliance that you feel is
worth paying for.

--oren

--- "Joshua C. Bergeron" <jo...@xl...> wrote:
> Greetings,
> 
> Does QuickFIX support FIXML?  If not, is anyone
> working on currently implementing it, or are there
> any plans at all for this?  I am curious, because
> FIXML seems to be the 'new standard'?  But I'm not
> really sure.  I'm rather new to the world of FIX.
> 
> My organization would like to implement some kind of
> FIX based server that would allow us to tie the back
> end into our own market data, and be able to
> simulate orders over the FIX protocol to some
> extent. 
> 
> QuickFIX was my first thought regarding this, but
> maybe the developers here can give me some input?
> 
> Thanks in advance.
> 
> Cheers,
> Joshua C. Bergeron

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