"using wso2 esb with fix - supporting financial messaging" - webinar by paul fremantle and...
DESCRIPTION
In this session, Paul Fremantle - CTO of WSO2, and Asanka Abeysinghe - Architect, will look at how the WSO2 ESB supports the FIX protocol and examine scenarios linking FIX systems into the wider enterprise with a FIX enabled ESB. Building on the QuickFix/J project, the WSO2 ESB is the fastest Open Source ESB with built-in support for financial industry messaging. This session will outline the benefits of FIX integration, together with some example scenarios showing how the WSO2 ESB can add value to your FIX network.TRANSCRIPT
Using WSO2 ESB with FIX
Paul Fremantle, CTOAsanka Abeysinghe, Architect
15th July 2008
ESB 1.7 Webinar Series
June 17th – Introducing WSO2 ESB 1.7 July 1st – Example Integration
Scenarios July 3rd – Introducing WSO2 ESB 1.7
(repeat) July 15th – Using WSO2 ESB with
FIX July 29th – Complex Event Processing
WSO2 ESB Based on the Apache Synapse ESB
Class leading performance Non-blocking, streaming support Routing, mediation, management, clustering
WSO2 ESB adds: Web-based management console Integrated FIX support, Smooks library Integrated Registry and Repository Full commercial support subscription
WSO2 ESB Configured through the simple UI
FIX Scenario Line-up
Bridge FIX to other protocolsFIX to HTTPFIX to AMQP
Switch between FIX versions CBR (Content Based Routing) of FIX
messages Bridge between Data Services and
FIX
FIX – Financial Information eXchange A protocol and format for exchanging
trade-related messages Very widely adopted A key protocol for automated trading
and algorithmic tradinghttp://fixprotocol.org
The WSO2 ESB utilizes the leading Open Source library for FIX, leading to high levels of interoperability
www.quickfixj.org
AMQP – Advanced Message Queuing Protocol An open protocol for business messaging High performance, open source, open standard
alternative for MQSeries, Sonic or Tibco WSO2 ESB currently supports Apache Qpid
broker
FIX transport implementation of ESB
Bridge FIX to other protocolsFIX to HTTP
Send Orders/Submissions/Instructions generated from a FIX endpoint to a Order/Submission/Instruction acceptor endpoint that hosted as a HTTP based web service.
Business Use Case
System Use Case
ESB takes a FIX message through a established FIX session transform the message payload to a SOAP message and dispatch it to a web service through HTTP.
FIX to HTTP transport using ESB
FIX to HTTP message flow
8=FIX.4.09=10535=D34=249=BANZAI52=2008071106:42:2656=SYNAPSE11=121575854627821=138=100040=154=155=DELL59=010=253
�
"http://schemas.xmlsoap.org/soap/envelope/"><soapenv:Body><message inSession="FIX.4.0:SYNAPSE>BANZAI" counter="1">
<header><field id="8"><![CDATA[FIX.4.0]]></field><field id="9"><![CDATA[105]]></field><field id="34"><![CDATA[2]]></field><field id="35"><![CDATA[D]]></field><field id="49"><![CDATA[BANZAI]]></field><field id="52"><![CDATA[2008071106:42:26]]></field><field id="56"><![CDATA[SYNAPSE]]></field>
</header><body>
<field id="11"><![CDATA[1215758546278]]></field><field id="21"><![CDATA[1]]></field><field id="38"><![CDATA[1000]]></field><field id="40"><![CDATA[1]]></field><field id="54"><![CDATA[1]]></field><field id="55"><![CDATA[DELL]]></field><field id="59"><![CDATA[0]]></field>
</body><trailer>
<field id="10"><![CDATA[253]]></field></trailer>
</message></soapenv:Body></soapenv:Envelope>
<?xml version='1.0' encoding='utf8'?><soapenv:Envelope
xmlns:soapenv="http://schemas.xmlsoap.org/soap/envelope/"><soapenv:Body>
<m0:placeOrder xmlns:m0="http://services.samples/xsd"><m0:request>
<m0:symbol>DELL</m0:symbol><m0:qty>IBM</m0:qty><m0:side>BUY</m0:side><m0:type>MARKET</m0:type><m0:orderid>1215758546278</m0:orderid>
</m0:request></m0:placeOrder>
</soapenv:Body></soapenv:Envelope>
Buy 1000 DELL @ MKT
Bridge FIX to other protocolsFIX to AMQP
Send Orders/Submissions/Instructions generated from a FIX endpoint to a Order/Submission/Instruction acceptor endpoint that communicate through AMQP.
Business Use Case
System Use Case
ESB takes a FIX message through a established FIX session transform the message payload to an AMQP message and dispatch it to an endpoint using an AMQP broker.
FIX to AMQP transport using ESB
Switch between FIX Versions
Send a FIX message from a FIX endpoint to another FIX endpoint that uses a different FIX versione.g. FIX4.2 to FIX4.4.
Business Use Case
System Use Case
ESB takes a FIX message through a established FIX session transform the message payload to the target FIX version and dispatch it.
Switch between FIX Versions using ESB
CBR of FIX messages
Send Orders/Submissions to different destinations based on the content.e.g. Send orders with symbol 'GOOG' to destination A Send all buy orders to destination C
Business Use Case
System Use Case
ESB takes a FIX message through a established FIX session route the message to different endpoints by analysing the message content.
CBR of FIX messages using ESB
CBR of FIX messages using ESB
CBR of FIX messages using ESB
Bridge between Data Services and FIX
Send Orders/Submissions/Instructions stored in a persistent storage to a FIX endpoint using a scheduler
Business Use Case
System Use Case
ESB takes instructions via Data Services convert them to FIX and send to FIX endpoint(s) through a FIX session.
Bridge between DS and FIX using ESB
Summary
Questions
Resources WSO2 Webinars
http://wso2.on.intercall.com WSO2 ESB documentation
http://wso2.org/project/esb/java/1.7/docs/docs_index.html
User [email protected]
Recent performance testinghttp://wso2.org/library/3740