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FIX protocol (explained by a quant developer)

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Coding Jesus

Coding Jesus

3 жыл бұрын

In this video I go over the backbone of electronic trading, that being the FIX Protocol.
CME Tag Library: www.cmegroup.com/confluence/d...
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Email: thecodingjesus@codingjesus.com

Пікірлер: 108
@earlcharles6306
@earlcharles6306 3 жыл бұрын
Please keep up the great work, this is a somewhat niche field and finding information to dive deeper can be challenging. We appreciate it
@CodingJesus
@CodingJesus 3 жыл бұрын
Thanks for the encouragement. All the videos online about this field aren't great. Please share if you enjoyed!
@mattatm3227
@mattatm3227 2 жыл бұрын
@@CodingJesus absolutely most of the coding videos aren't great! Thank you 😊
@MrAvatar180
@MrAvatar180 Жыл бұрын
This stuff has confused me for months at work and you put me on the road to truly understanding it in under 20 minutes. Much appreciated and keep up the good work!
@santmat007
@santmat007 3 ай бұрын
Yes... Now every time I interface with FIX data... I always say... Thank You Jesus... :O)
@dariusrichardson4554
@dariusrichardson4554 3 жыл бұрын
Super excited that someone is making finance videos that go beyond the basics. Keep rocking!
@andyohil7465
@andyohil7465 2 жыл бұрын
To explain FIX protocol in such a short way, it’s very insane… I am thrilled 😁
@nickhansen3292
@nickhansen3292 3 жыл бұрын
This is awesome - just about to implement a FIX API and this is a great way to get up to speed.
@CodingJesus
@CodingJesus 3 жыл бұрын
Wait till I go over the Simple Binary Encoding (SBE) Protocol. That's the next-generation of trading communication.
@coderide
@coderide 2 жыл бұрын
Very very informative video, I was starting with the FIX protocol in my org, it was a really nice introduction in brief to understand about FIX, Thank you so much
@dylanloh5327
@dylanloh5327 2 жыл бұрын
Your explanation was so simpler and clear! Thank you!
@guibirow
@guibirow 3 жыл бұрын
Nice content, thanks for sharing! I came here curious to understand the communication process from the UI up to the Fix communication with the Exchange, would nice to have a video describing the architecture of a trading solution. Thanks again for the great content
@BestMentalism
@BestMentalism 2 жыл бұрын
this is super interesting and so well explained, never found such quality content about these subjects, thank you so much
@alitajvidi5610
@alitajvidi5610 Жыл бұрын
This is by far the best FIX video in KZfaq.
@biomedicalit
@biomedicalit 2 жыл бұрын
Thank you. First time somebody explains me what is FIX and how it is working 🙂
@daymaker_trading
@daymaker_trading Жыл бұрын
Thank you so much! Incredibly clear and engaging explaination. All the best!
@ChainOfCommand12
@ChainOfCommand12 Жыл бұрын
I started my first job out of school as a developer for a big financial firm and this was VERY HELPFUL! Thank you brother.
@kenharjuna1405
@kenharjuna1405 Жыл бұрын
can you help me where to start? iam using nodejs, thank you
@sumitagrawal771
@sumitagrawal771 3 жыл бұрын
ohh Jesus .....you made my day... Exactly what am i looking for. Thanks Coding Jesus. I request u to make more videos on FIX. love from India
@RomeniqueZedeck
@RomeniqueZedeck 11 ай бұрын
Great content! Thanks for taking your time to share
@chicksdiggit9239
@chicksdiggit9239 3 жыл бұрын
You are a really good communicator
@CodingJesus
@CodingJesus 3 жыл бұрын
Thanks 😊👍
@Nikita-uv7zk
@Nikita-uv7zk Ай бұрын
This was very useful, thank you for the explanation
@mauroaraujo1983
@mauroaraujo1983 2 жыл бұрын
What a Brilhant Explication !!! Really Good Job Coding Jesus I Really apreciated I helped me a lot
@LeGingeMusik
@LeGingeMusik 3 жыл бұрын
You're close to infecting the youtube algos. Thats how I found you.
@CodingJesus
@CodingJesus 3 жыл бұрын
Next video will.
@DinoFancellu
@DinoFancellu Жыл бұрын
Really nice intro to FIX, thanks
@surajkukreja5338
@surajkukreja5338 2 жыл бұрын
Really liked your videos, can you please also make a videos on front to back components involved in trading infrastructure, like exchange connectivity, market data feeds, trading engine, risk management system, etc. and flow of data between them.
@simiyutube
@simiyutube 3 жыл бұрын
Thanks Coding Jesus. Well explained.
@jaimecristalino
@jaimecristalino 2 жыл бұрын
Best video about FIX on in the Internet!
@anexis6579
@anexis6579 Ай бұрын
good explanation, well done mate
@supriyamishra1886
@supriyamishra1886 2 жыл бұрын
thank you so much , it was really clear and concise content .
@bigthings1818
@bigthings1818 3 жыл бұрын
Love the videos makes me want to learn to code
@patrickhughes1322
@patrickhughes1322 2 жыл бұрын
Excellent video! Learned a lot!
@terryorange
@terryorange 2 жыл бұрын
Nice tutorial, thank you so much!
@eugenex8892
@eugenex8892 3 жыл бұрын
Thanks for basic description.
@gsf4lyf
@gsf4lyf Жыл бұрын
Really insightful, thanks!
@rickneibauer1
@rickneibauer1 2 жыл бұрын
Dude. Thank you so much for your content.
@thirilwin9609
@thirilwin9609 2 ай бұрын
Thanks . it is quite useful for me
@sanujatharinda6525
@sanujatharinda6525 2 жыл бұрын
This is awesome. Please keep it up....
@IK-ow2zk
@IK-ow2zk 2 жыл бұрын
Thanks a lot for the video! You channel is brilliant! Could you, please, recommend books about network programming/ protocols?
@sreepriyanks
@sreepriyanks 2 жыл бұрын
grate video, i got an idea abot FIX, even a new boy in this era
@zoasis7805
@zoasis7805 3 жыл бұрын
Hi Coding Jesus, nice video. Thanks, Viewer.
@vishalathawale183
@vishalathawale183 10 ай бұрын
Great stuff man
@dmytroprokopenko1472
@dmytroprokopenko1472 3 жыл бұрын
quality content, keep going!
@CodingJesus
@CodingJesus 3 жыл бұрын
Thanks, will do!
@sirrobinhood3409
@sirrobinhood3409 3 жыл бұрын
Great Video! Very clear and defined Thanks a lot! I initially started to look at FIX because I wanted to auto trade based on NASDAQ Level 2 quotes/book orders Still trying to find the right API to get that info. Any thoughts on that or the strategy in general are greatly appreciated :)
@VincentDBlair
@VincentDBlair 2 жыл бұрын
Great stuff!
@rayemacfishing
@rayemacfishing Жыл бұрын
I heard 372 aka 762 🙂 Great video all together. Very clear explanation.
@FragTrapX
@FragTrapX 2 жыл бұрын
you saved my project task
@fminc
@fminc 2 жыл бұрын
Nicely done.
@todorgrigorov8408
@todorgrigorov8408 2 жыл бұрын
Real Jesus! Голям си! Thank you!
@21Million
@21Million 2 жыл бұрын
Excellent, thanks. Is there an example anywhere of a FIX Unit test in C# or Java, or Python?
@dbsjaks_56888
@dbsjaks_56888 3 жыл бұрын
your videos are very interesting, I see you're focusing in people who have maybe a MBA in Bussines Management or doesn´t have degree education. That´s wise because in KZfaq you´re not gonna find a lot of PhD´s, but would be very very interesting if you would make(maybe in another channel or in this one, but differentiated, to engineers or sciencist that want to break down int this world) tutorials of algorithms or coding, in summary, to make videos of what you do in your job, instead explaining what you do in your job(got to say just explaining is also useful)
@Naveen_B64
@Naveen_B64 11 ай бұрын
Seems similar to EDI used in Automotive industry to transmit information.. Maps are used on both sides to interpret messages.
@gempf
@gempf 3 жыл бұрын
thanks, I'm starting with this bad boy in GO, what lenguaje do you use for FIX?
@JoshuaGilmanM
@JoshuaGilmanM 2 жыл бұрын
I'm new to high speed trading but am coming into it from a software engineering standpoint. Any recommendations for materials I can consume to learn all of these foreign terms you're using? (i.e. securities, etc.)
@bitcode_
@bitcode_ 2 жыл бұрын
Hello CJ, kindly requesting a video of how it is developed, is it in a code editor? IDE? a specific framework? any way we can see the development environment of the Fix protocol?
@beniashurov6429
@beniashurov6429 Жыл бұрын
I JUST WANT TO TAKE THE TIME AND THANK YOU FROM THE BOTTOM OF MY HEART SO HELP YOU GOD
@victorq5309
@victorq5309 2 жыл бұрын
Is like a hashmap key value pair, the keys are integers.
@enrgys_world
@enrgys_world 2 жыл бұрын
bro this is fricken awesome
@travelsome
@travelsome Жыл бұрын
How can people using broker api benift from such protocol
@vagabond_trader
@vagabond_trader 27 күн бұрын
So how does FIX relate to how TCP is used (as in your video about the CME strategy that was patented that cheesed the exchange using front loading)
@xxMikePortnoyJrxx
@xxMikePortnoyJrxx 3 жыл бұрын
Dude your videos are amazing
@CodingJesus
@CodingJesus 3 жыл бұрын
Thanks! Please share if you enjoy. The better the video does the more likely I am to make another.
@xxMikePortnoyJrxx
@xxMikePortnoyJrxx 3 жыл бұрын
@@CodingJesus Yeah man I would if I had any friends that were even remotely interested in this kind of stuff
@kenharjuna1405
@kenharjuna1405 Жыл бұрын
hy, can anyone help where to start to implement this in nodejs? im clueless, thanks!!
@pramodkajla
@pramodkajla 6 күн бұрын
Please update the link in description. Current one is not working.
@supernova6840
@supernova6840 3 жыл бұрын
you are a legenddddd
@petersax7305
@petersax7305 3 жыл бұрын
Excellent video. Thank you for explaining. I do have a question: In your opinion, should matching engines code be open source? Maybe open source is the wrong term but what I want to say is available for the public to be reviewed, also not sure how one could assure that what is actually running in the engine is identical with the code presented to the public. I am asking because I believe that a lot of cheating is going on in that part of an exchange. I would love to hear your opinion on that.
@CodingJesus
@CodingJesus 3 жыл бұрын
No cheating
@FIXProtocol
@FIXProtocol 3 жыл бұрын
Keep in mind that the fix protocol is only one protocol. There are many other protocols used for electronic Trading. In fact interest in the fix protocol has declined a lot in the Years. Many banks are now using binary protocols
@CodingJesus
@CodingJesus 3 жыл бұрын
Yeah I’ll make a video on SBE Protocol later.
@FIXProtocol
@FIXProtocol 3 жыл бұрын
@@CodingJesus nice!
@realityhedge4229
@realityhedge4229 3 жыл бұрын
Bro do you setup session layer for liquidity access
@fs7128
@fs7128 19 күн бұрын
Tags 623/etc. are doubled in your example file?
@richardparker5425
@richardparker5425 7 ай бұрын
Do market makers see your stop loss orders?
@varunvishnoi3741
@varunvishnoi3741 3 жыл бұрын
This is awesome - Coding jesus I wanna write a POC application interacting with FIX engine another side just to gain depth knowledge. Are you aware of any publicly available FIX engine which can be connected via another application? Something like which can provide me market data like security information?
@asiddiqi123
@asiddiqi123 3 жыл бұрын
Quick fix
@supermanish4429
@supermanish4429 2 ай бұрын
can we get any tutorial regarding this, idk anything about it but i'm assign the task to debug someone else's code and it's killing me
@zheruili1639
@zheruili1639 3 жыл бұрын
I love your video bro, a Fan from China, Beijing;
@CodingJesus
@CodingJesus 3 жыл бұрын
Thank you very much!
@BennyAshurov
@BennyAshurov Жыл бұрын
whats the differences between cme and fix protocol???
@Michael-Cross03
@Michael-Cross03 Жыл бұрын
CME is the Chicago Mercantile Exchange. It's one of the many exchanges out there. FIX is Financial Information Exchange, which is a protocol used for trading.
@compilerdefiler3995
@compilerdefiler3995 3 жыл бұрын
Cool now i can make my own centralized exchange, easy peasy lemon squeezy. Do any hft firms trade cryptocurrencies or is the volume too low?
@CodingJesus
@CodingJesus 3 жыл бұрын
They trade that
@patrickparrain7999
@patrickparrain7999 3 жыл бұрын
FIX protocol is a cryptocurrency?? Where can I buy it?
@realityhedge4229
@realityhedge4229 3 жыл бұрын
King
@orderflowdojo
@orderflowdojo Ай бұрын
🔥🤟
@gauravagarwal750
@gauravagarwal750 2 жыл бұрын
woah!
@fs7128
@fs7128 19 күн бұрын
why is tag 52 only with milisecond-precission, if all the quant/HFT guys talk about mikroseconds, even nanoseconds nowadays?
@CodingJesus
@CodingJesus 19 күн бұрын
Nobody uses iLink2 anymore. This video is years old, brother.
@tioconejo4817
@tioconejo4817 3 жыл бұрын
somewhat old school isn't ? fix been around since the 90s. slow to encode and decode to ASCII.
@CodingJesus
@CodingJesus 3 жыл бұрын
Yeah. I’ll do a video on iLink3
@asiddiqi123
@asiddiqi123 3 жыл бұрын
Pretty good info. I want to learn about quant. Could you make more videos in playlists? I am a python programmer.
@ControlTheGuh
@ControlTheGuh 2 жыл бұрын
With all your pca and clustering, my boys at wsb were 1 second away to make you unemployed during january. You are just the IT guy for the people with the ideas
@VOLightPortal
@VOLightPortal 3 жыл бұрын
FIX API is still pretty slow, ITCH and OUCH protocol is more efficient
@ahmedraslane972
@ahmedraslane972 2 жыл бұрын
Hello
@nolan6895
@nolan6895 3 жыл бұрын
pls FIX, thx
@treyquattro
@treyquattro 3 жыл бұрын
12:17 - reading 762 as "three seventy two" is a bit worrying for a finance guy. Also I hope you're not using text protocols for HFT
@CodingJesus
@CodingJesus 3 жыл бұрын
LOL I filmed this part like 5 times, my brain was mush. And yeah, HFT uses SBE or other binary protocols. FIX is old.
@fs7128
@fs7128 19 күн бұрын
well, obviously, FIX is a sibbling of SWIFT MT messages 🙂
@HuiZhang-rd4kl
@HuiZhang-rd4kl Ай бұрын
who is the one that knows "decoding" but intimidated by "parsing"? LoL
@farhatbdhj
@farhatbdhj 3 жыл бұрын
You look like people of Iran / Pakistan
@reanimatedmanx
@reanimatedmanx Жыл бұрын
The FIX protocol is not complicated, it's just fucking convoluted, unintuitive legacy trash. Great explanation though.
@eyesopen6110
@eyesopen6110 4 ай бұрын
FIX is boring zzz
@MDALAM-xh9vh
@MDALAM-xh9vh Жыл бұрын
How to establish trading sessionusing quickfix c++? I have build my quickfix C++ source code with the SSL support using below command. My quickfix library got build successfully. On Linux (with system openssl), cmake -DCMAKE_BUILD_TYPE=RelWithDebInfo -DHAVE_SSL=ON -DCMAKE_INSTALL_PREFIX:PATH="install-path" .. make -j 4 install This is my Initiator code - if (isSSL.compare("SSL") == 0) initiator = new FIX::ThreadedSSLSocketInitiator ( application, storeFactory, settings, logFactory ); else initiator = new FIX::SocketInitiator( application, storeFactory, settings, logFactory ); But while running this getting linking issue. What is the problem ? CMakeFiles/TradingClient.dir/tradeclient.cpp.o: In function `main': /mnt/d/TradingClient/tradeclient.cpp:47: undefined reference to `FIX::ThreadedSSLSocketInitiator::ThreadedSSLSocketInitiator(FIX::Application&, FIX::MessageStoreFactory&, FIX::SessionSettings const&, FIX::LogFactory&)' collect2: error: ld returned 1 exit status This my CMakeLists.txt cmake_minimum_required(VERSION 3.0) project(TradingClient) add_definitions(-DHAVE_SSL=1) set(CMAKE_CXX_STANDARD 14) set(quickfix_lib "/usr/lib/libquickfix.so") add_executable(TradingClient Application.h Application.cpp tradeclient.cpp) target_link_libraries(TradingClient ${quickfix_lib} ) if you go inside quickfix/src/C++/CMakeLists.txt if (HAVE_SSL) set (quickfix_SOURCES ${quickfix_SOURCES} SSLSocketAcceptor.cpp SSLSocketConnection.cpp SSLSocketInitiator.cpp ThreadedSSLSocketAcceptor.cpp ThreadedSSLSocketConnection.cpp ThreadedSSLSocketInitiator.cpp UtilitySSL.cpp) endif() these files get build only with SSL . It means my quickfix library is correctly build because object files for these files got generated. Although object files gets generated as part of library, still getting this linking issue that its not able to find the reference for these methods ThreadedSSLSocketInitiator()
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