SOURCE: Aegis Software Inc.

March 26, 2008 10:02 ET

Aegis Software Announces New Release of FIX-Based Toolset

NEW YORK, NY--(Marketwire - March 26, 2008) - Aegis Software Inc., a leading global provider of advanced trading and testing solutions, announced today the new release of its FIX-based testing toolset, Exchange Simulator and Client Simulator. The new versions feature more functionality and higher performance and include many new exchange simulations.

Exchange Simulator and Client Simulator are designed for the heavy-duty testing of FIX-based trading systems, for both the buy and sell side, for functional, regression and performance testing. It is designed for use by developers, QA and support teams and is particularly useful in recreating real-time production problems. Client Simulator is used to simulate inbound FIX sessions, whether from internal or external customer sources. Exchange Simulator simulates over 25 pre-packed exchanges, from equities (e.g. NYSE CCG, Arca, NASDAQ, LSE), options (e.g. CBOE, ISE, BOX) or futures (e.g. CME) destinations, as well as simulate custom FIX venues such as dark pools and custom broker/dealer destinations. Exchange Simulator can process real-time market data from Reuters, Wombat, Comstock and many other consolidated and direct-market feeds.

Highlights of the new 8.0 release include: full FIX 5.0 support, FAST market data publish and subscribe, AMEX AEMI and Sydney Futures Exchange simulation, NASDAQ intra-day cross, mass quotes and improved scripting capability with structured, multi-step test case scenarios. Almost every bulge-bracket broker has licensed the products for world-wide deployment and NYFIX has recently licensed the products after an extensive evaluation.

"NYFIX was looking for a real-time, exchange-like FIX compliant destination that would enable us to test our brand new Euro Millennium system, and simulate preferred broker destinations," commented Troy Hamilton, Managing Director, Global Head of Quality, NYFIX. "Aegis has proven to be a valuable business partner. They have successfully met a challenging timeline, delivered new functionality as requested and helped us achieve a 24*7 available exchange, that is FIX compliant," added Mr. Hamilton.

Aegis Software's suite of testing tools also includes T3, an end-to-end regression test harness of trading infrastructures. Aegis Pro Services™ complement Exchange Simulator and Client Simulator by assisting companies throughout the testing, certification and client support phases of their FIX initiatives. Aegis Pro Services enables top tier buy and sell-side firms, exchanges and ECNs to achieve their goals for high-quality functional and performance FIX testing, client On-Boarding and manual/automated regression testing.

About Aegis Software

Since 1994, Aegis Software has been innovating in the face of ever changing market structures. Aegis products have been developed by teams comprising traders, quantitative analysts and IT developers, so our clients can be sure that it's been designed by people who really understand how the market works. Today, we continue to develop powerful, intelligent and user-configurable trading software and services for clients that demand performance and reliability. Aegis is the developer of AthenaTrader, an algorithmic execution management system (EMS) for Equities, Futures, Options and Foreign Exchange trading. In addition to trading solutions, Aegis' testing products -- Exchange Simulator, Client Simulator and T3 -- are considered the industry standard for automated, regression, interactive and performance testing of FIX-based trading systems. Aegis provides unmatched trading solutions to clients such as Citigroup, Credit Suisse, Deutsche Bank, JP Morgan Chase, Lehman Brothers and many others. For more information please visit

Contact Information

  • For more information contact:
    Aegis Software Inc.
    Steve Oppenheimer
    Director of Marketing
    Email Contact