Friday, January 30, 2009

QuantXpress - The Financial Blog

Empowering community through knowledge sharing...

About QuantXpress Blog:


This blog is maintained by the Financial Applications Team at Ridgecrest. Our objective is to share our knowledge, experience and opinions with financial community and the general public. These areas are including but not limited to financial market, latest technologies in financial markets, investments and other financial/ technology related aspects. We hope this blog will provide a good platform for such discussions and you will get something from this. We are very happy to moving forward together as a community and we welcome your ideas, feedback and knowledge contribution for empowering the community.

About Ridgecrest:


Ridgecrest
was found in 2006 by two Wall Street veterans. Ridgecrest provides products and services to the financial services community. Ridgecrest focuses on trading and investment technology, with an emphasis on supporting the rapid implementation of quantitative and algorithmic strategies.

What are Financial Markets?


Financial market is a market for financial instruments, in which buyers and sellers find each other and create or exchange financial assets. Financial market allows people to easily trade (buy/ sell) financial securities (such as stocks, bonds etc.) and other items. Sometimes these are organized in a particular place and/or institution, but often they exist more broadly through communication among dispersed buyers and sellers. There are several types of trading in financial markets including,
  • Equities
  • Options
  • Forex
  • Bonds

FIX Protocol:

Financial Information eXchange (FIX) protocol is an electronic communications protocol initiated in 1992 for international real-time exchange of information related to the securities transactions and markets. It is a series of messaging specifications for the electronic communication of trade-related messages.

It has been developed through the collaboration of banks, broker-dealers, exchanges, industry utilities and associations, institutional investors, and information technology providers from around the world. These market participants share a vision of a common, global language for the automated trading of financial instruments.
FIX is the industry-driven messaging standard that is changing the face of the global financial services sector, as firms use the protocol to transact in an electronic, transparent, cost efficient and timely manner.

Learn more about FIX


Coming Soon...

We hope to post some interesting articles soon. Hope you will enjoy and gain a good knowledge from them.

Thanks for reading...

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