Quant development:FIX: The New Way Latin America Trades

(Last Updated On: July 19, 2011)
Learn the Secret

Get  our 2 Free Books

Get these now which land directly to their inbox.
Invalid email address

FIX: The New Way Latin America Trades

FIX Protocol Limited (FPL), the non-profit industry association that owns, develops and promotes the FIX Protocol, welcomes the decision of the stock exchanges of Chile, Colombia and Peru to choose the FIX Protocol to support the MILA (Mercado Integrado Latinoamericano) regional integration project that has created a link between the three exchanges.
A very interesting project. I was involved in Santiago Stock Exchange new transactional engine and FIX definition, and then worked on the MILA project.

Let’s add the local integration of the three chilean stock exchanges “Mercado Interbolsa” (Inter-exchange market) , that links Santiago Stock Exchange, Electronic Stock Exchange and Valparaíso Stock Exchange since 2006 running FIX 4.0.
Please join us at www.quantconnection.com …… Best,Erik
Very interesting. I have always thought that SA exchanges have been under represented in the US. What FIX version is standard in South America?

Santiago, Lima (Perú) and Colombia use 4.4 for the integrated market project that links the 3 stock exchanges. Santiago’s brokers and customer also use 4.4 for DMA and market data.

In Chile also exists a link between the 3 local exchanges that was implemented in FIX 4.0 and I believe that BOVESPA (Brazil) uses 4.2.

Also there are projects for WFO implementations, but not yet live
. I am also looking to see if BEVSA in Uruguay is utilizing a flavor of FIX. I will post that info when I can.

If anyone is in need of FIX and FAST consulting support feel free to call us. We can jumpstart your projects by using open source code, such as QuickFIX, QuickFAST and OpenDDS.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
This entry was posted in Quant Development and tagged , , , on by .

About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs