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6744450
FIX Protocol Introduction
Description
Introduction to FIX protocol concepts
No tags specified
fix protocol
secure trading hub
Quiz by
Thiago Pavesi
, updated more than 1 year ago
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Created by
Thiago Pavesi
about 8 years ago
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Resource summary
Question 1
Question
What are the main advantages of FIX protocol
Answer
Open Source, Free, Vendor Independent, scalable
Open Source, Financial standard, Platform independent, agnostic to transport layer
Created by Lamoureux and Morstatt and Owned by FIX Protocol Limited (FPL
All of the Above
Question 2
Question
What is the version of FIX that has report capabilities to meet regulatory requirements?
Answer
FIX 4.2
FIX 4.4
FIX 5.0
FPmL
Question 3
Question
What is the open source version of a FIX engine?
Answer
CameronFIX
FIXAntenna
QuickFIX
FastFIX
Question 4
Question
What is a FIX dictionary?
Answer
Define and explains the objective of each FIX tag
Identifies all the required tags for a trade
Translates FIX messages to other languages
FIX dictionary does not exit
Question 5
Question
Can you obtain a list of instruments traded using FIX?
Answer
No. FIX only send orders.
No. Instruments are defined by TEXT files outside of FIX session.
Yes. It is native to the protocol.
Depends. The Trade venue has to support a instrument definition.
Question 6
Question
Is Tag order important in a FIX message?
Answer
Yes. BeginString, BodyLength and MsgType have to be in this order.
Yes. Start of Message and Repeating groups should always be in the same order.
No. Orders can have any order
Yes. Tags should be always in the same order.
Question 7
Question
Where does the business information is carried on the FIX message?
Answer
Header
Start of Message
Body
Trailer
Repeating Groups
Question 8
Question
What is start of header?
Answer
A Value
A Tag
A delimiter
A fix message composed of a series of tag=value
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