Exchange Simulator

Simulate Market with SimEx

Developers of trading applications normally require special order management and market data test connections to their exchanges. Although many markets maintain simulation environment, real market liquidity usually is not provided. Diagram below shows how we have used SimEx to build a powerful testing/simulation environment for CME. Now our customers who are writing automatic trading strategies with Argo Trading Platform and Argo Robots API can get the necessary mileage before going into production. To assist in testing of automatic trading applications even further we have added simulation of different network conditions and timings.

Free One-Hour Design Session!

Please contact Argo SE to find out how you can use SimEx to simulate your market.
Allow one of our experienced software engineers to discuss the project requirements with you or your team, and produce a candidate system architecture diagram along with a draft project plan.

How Market Simulation Works

We have substituted SimEx inbound FIX interface with CME iLink complaint module and used CME FIX/FAST 2.0 protocol to publish market data. We have designed a special SimEx plug-in module, Market Maker (MM). MM is responsible for converting market depth coming from the exchange into buy and sell limit orders that are posted into SimEx Order Book. SimEx client orders are matched against MM contra orders. If trade is made, the corresponding Execution Reports are sent back to the owners' FIX sessions and MM module gets notified as well. MM keeps track of its orders in SimEx Order Book and adjusts total quantities on each price level as necessary, submitting new orders and/or cancelling existing ones based on new market depth updates coming from the exchange. SimEx can be configured to load several MM modules to simulate different markets. MMs that can capture CME and ICE are readily available.

To evaluate our Trading Platform please send us a request and provide contact information. We will get back to you shortly.