How to Connect to FIX Protocol in Node.js without fixparser.io?

18 Views Asked by At

I am working on integrating the FIX (Financial Information Exchange) protocol in a NodeJs application for financial trading. My goal is to establish a reliable and efficient connection to trading platforms using FIX. I have attempted to use several libraries aimed at facilitating this, including node-quickfix and exploring fixparser at fixparser.io, but encountered some challenges. fixparser.io seems like a suitable option; however, it is a paid service, and I am looking for open-source alternatives or solutions that could potentially offer similar functionality.

Here are the specific issues I've encountered:

  • With node-quickfix, I faced installation issues and also when i checked on there github handle it seems the library is not being maintained from last 2018 i have seen some open questions over there with no replies and also when i try to install this i am getting multiple errors.
  • As for fixparser.io, while it appears to meet our needs, the cost is a prohibitive factor, and we are exploring other avenues.

Given these challenges, I am seeking advice or recommendations on:

  1. Any open-source libraries or tools that are well-suited for connecting to FIX protocol in Node.js, especially those that are actively maintained and documented.
  2. Examples or guidance on setting up a FIX connection in Node.js without using fixparser.io, including handling session management, message parsing, and sending/receiving messages.
  3. Best practices for implementing FIX protocol connectivity in a Node.js environment, particularly from those who have successfully navigated this landscape.

I am open to alternative approaches or any insights into how others have successfully integrated FIX protocol support in their NodeJs applications. Thank you in advance for your help!

0

There are 0 best solutions below