MFIX Transactional

The solution allows banks, broker and investment companies to perform trade operations in the mode of the main biddings of the stock market of MICEX using the FIX protocol.

Functionality of MFIX Transactional provides acceptance under the FIX protocol (version 4.4) of requests from clients for accomplishment of transactions "Input of the request" and "Removal of the request", their transfer to the MICEX trading system and also providing to clients information on the transactions which are already made by them and a current status of requests (in the FIX protocol message format). The solution supplements the MFIX Market Data system implemented earlier in MICEX using which on a subscription it is possible to receive data on all securities traded at the exchange including – short characteristic of a financial instrument, the current values of its market parameters, the best quotations, aggregated data according to all carried-out transactions (in the depersonalized form).

The FIX protocol is the international standard for information exchange of participants of exchange biddings and is widely used as the uniform integration protocol at exchange of financial data and commission of transactions. It allowed to make use when developing MFIX Transactional of experience and knowledge gained by EPAM Systems during creation of FIX systems for the western companies of the financial sector and the stock market.