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REEF — FIX Exchange Simulation

Realtime Electronic Exchange for FIX was developed by B2BITS for 2 main purposes: first to enable free-form testing of client’s FIX implementations; second as a training tool for traders. REEF is a feature rich environment which uses the full potential of the FIX Protocol.

  • Supports all versions of FIX protocol
  • Works on matched order book basis
  • Internal market making facility and simulated liquidity
  • Supports all order types specified in the FIX protocol
  • Multicasts IOIs, Quotes, News, Advertisements to all initiators of sessions and redistributes IOIs it receives to all users

Interaction with REEF is through a FIX session and all results are constantly reflected in a GUI interface. This exhibits the full potential of the FIX protocol. REEF is provided to customers as a managed service and configured to imitate a specified end point.

Click here to enter REEF