Prakash Magnani | Blogs

Building a Trading Platform: My First Big Challenge

AlAin securities & Brokerages, Abu Dhabi
AlAin securities & Brokerages, Abu Dhabi

Developing a high-frequency trading platform demanded a robust technology stack and a collaborative ecosystem. Our team, in conjunction with Onixs Solutions, a UK-based software company, embarked on a complex project that required a deep understanding of the financial markets and cutting-edge technology.

At the core of the platform was the FIX protocol, the industry standard for electronic communication and exchange of financial information. Our team at Onixs Solutions played a pivotal role in mastering this protocol, ensuring seamless integration with various exchanges and counterparties.

To handle the relentless influx of market data, we leveraged high-performance databases and data caching mechanisms. These technologies, coupled with efficient data ingestion pipelines, formed the backbone of our data management strategy.

For the trading interface, we harnessed the power of C# and .NET to build a robust and responsive application. WPF was instrumental in creating a user experience that could keep up with the fast-paced trading environment. To visualize complex market data, we integrated advanced charting libraries that provided real-time insights.

Behind the scenes, multi-threading and asynchronous programming were essential for optimizing performance and ensuring the platform could handle the high volume of trades.

Collaborating closely with DFM and ADX exchange technicians was crucial for understanding their specific requirements and integrating our platform seamlessly with their systems. Their domain expertise was invaluable in fine-tuning the platform to meet the needs of the trading community.

Look at these articles to know more about FIX protocol:

https://www.fixsim.com/fix-protocol-tutorial

https://www.fixtrading.org/beginners-resources/

Of Couse, we had documents shared by engineers from DFM and ADX team.

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