FIX Protocol Introduction

Description

Introduction to FIX protocol concepts
Thiago Pavesi
Quiz by Thiago Pavesi, updated more than 1 year ago
Thiago Pavesi
Created by Thiago Pavesi about 8 years ago
225
0

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
Show full summary Hide full summary

Similar

Anatomy of FIX Protocol (Intro)
Thiago Pavesi
What is FIX protocol? (Intro)
Thiago Pavesi
Entity Identification (TA)
Thiago Pavesi
Databases
Dean Whittle
Economics
Emily Fenton
Maths GCSE - What to revise!
sallen
GCSE AQA Biology - Unit 2
James Jolliffe
Lesson Planning: 4 Organisational Tips for Teachers
miminoma
Using GoConqr to study History
Sarah Egan
New GCSE Maths required formulae
Sarah Egan
What You Can Do Using GoConqr
Micheal Heffernan