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Esprow launches ETP GSP, a package of pre-built FIX simulators for global markets

ETP GSP, the Global Simulators Pack, comprises 60 FIX simulators for global venues.

New York, April 2nd, 2018 – Esprow LLC, a global provider of enterprise testing technology for the financial markets, announces the launch of ETP GSP, its Global Simulators Pack, to enable market participants to test their FIX connectivity to trading venues independently from the testing environment provided by the venues themselves.

Market participants in all tiers and across roles, including banks, brokers, and vendors, constantly need access to testing environments provided by FIX trading venues. Oftentimes, access is only available at certain times of the day and in faraway time zones. It might also require payment of charges to access it, while participants usually have no control on the environment itself if they need to test edge-case scenarios.

ETP GSP is a package of 60 pre-built FIX simulators for markets across North America, EMEA, and APAC. Each simulator supports several pre-built test scenarios, like order entry, amendment, cancellation, status, partial and full fills, rejections, race conditions, and so on – including positive and negative cases. Simulators can be modified and enhanced by users to add new scenarios that cover edge-cases or specific trading phases, like opening and closing auctions.

Further, each simulator is aware of the venue’s rules of engagement, so it follows the venue’s behavior, and it checks the presence of required and custom tags, groups, messages, conditional tags, and the syntax of values. Simulators can be run from a PC or deployed on a server, and each one supports both single and concurrent FIX sessions. Simulators are built using Esprow’s ETP Studio design environment, so they are easy to understand, maintain, and enhance, by technical and non-technical users.

Francesco Lo Conte, Managing Director at Esprow said, “ETP GSP is a valuable addition to our existing set of FIX testing tools. It provides users of our platform with a big head start in implementing simulation of global FIX venues. They can pick and choose the markets they need and build functionality upon them. ETP GSP has been developed in cooperation with our clients and provides them with a 24/7 testing environment that was not previously available.” He added “Our ETP technology also supports binary exchange protocols, so we will soon be looking to provide the same pre-built simulators for binary trading venues too.”

About Esprow

Esprow is a global technology firm specializing in automated testing, on-boarding and simulation solutions for the financial services community. Esprow provides implementation, customization, integration, training and professional services for its Enterprise Testing Platform suite of products.

About Esprow’s Enterprise Testing Platform (Esprow ETP)

Esprow ETP automates testing, simulation and certification of trading components across a wide range of financial messaging protocols, including FIX. Launched in 2012, Esprow ETP is an integrated testing framework that addresses the requirements and challenges of the development, QA and risk management departments. ETP is quickly grabbing the attention of the industry’s most forward-looking players aiming to automate testing, reduce technology risk, and comply with global regulations for testing of trading systems and algorithmic trading strategies.

For further information, please contact:

Esprow Sales Team
Tel: +1 (347)-255-7798
Email: [email protected]

For more information about Esprow and Esprow ETP, visit www.esprow.com