Trade Monitor for FIX Financial Protocol Monitoring Introduced by NetQoS

NetQoS® Inc., to help trade desk personnel manage the performance of low latency trading networks, launched a product obtained through the acquisition of Helium Systems, Trade Monitor. NetQoS becomes with this addition to the NetQoS Performance Center product family makes the only vendor that offers a passive Financial Information eXchange (FIX) response time monitoring product with a comprehensive network and application performance management suite.

For ensuring fast and reliable trade executions via FIX-based applications amid escalating volumes of trade data and the race to build high performance, low latency architectures, trade desk personnel are increasingly responsible. To help trade desk personnel measure latency, speed troubleshooting, and reconstruct trade executions, NetQoS Trade Monitor captures and analyzes FIX protocol financial transactions. Developed specifically for the real-time electronic exchange of securities transactions, the FIX protocol is a messaging standard.

By providing real-time notification of latency, connection, and session-level metrics to accelerate troubleshooting and dissect trade executions, NetQoS Trade Monitor reduces exposure to market risk. Trade Monitor offers, for decision support, both summary reports and detailed analytics to identify the best and worst trade execution times, track all orders, and perform retrospective analysis to locate and reconstruct any order. Trade Monitor displays, for each FIX connection, the pertinent message level details including the FIX order chain, time stamps, and latency statistics.

To ensure optimal application delivery and network performance, network and operations personnel, in addition to trade desk personnel, can use Trade Monitor in conjunction with the modules of the NetQoS Performance Center.