Automate functional, regression, and certification testing of FIX messages to ensure stable, compliant, and high-performance trading connectivity.
This is a multi-protocol testing suite designed to perform connectivity behavioral testing for FIX scenarios testing, performance testing including load, stress, and endurance testing for various systems.
PTS is a comprehensive testing system that reduces costs associated with the development and deployment of electronic trading systems and gateways and is a “Must Have Tool” for all capital market firms (Buy-side, Sell-side, Venues and Intermediaries) to perform multi scenario testing, monitoring and analysis covering all major financial centers including trading firms, banks, brokers and institutional clients.
Configure test cases based on your trading workflows, FIX versions, message types, and counterparty rules. Create reusable scenarios that reflect real-world trading behavior.
Emulate exchanges, brokers, or counterparties to simulate end-to-end FIX sessions, message flows, and market conditions without relying on live systems.
Run automated functional, regression, and certification tests across environments. Validate message sequencing, field-level compliance, and workflow integrity at scale.
Automatically verify expected outcomes, detect deviations, and capture detailed logs for faster root-cause analysis and troubleshooting.
Use consistent, repeatable testing to confirm FIX connectivity, stability, and compliance before deployment–reducing release risk and accelerating go-live.
Automate FIX testing and regression cycles to shorten release timelines and accelerate go-live across trading environments.
Identify FIX messages, workflows, and configuration issues early to prevent production incidents and trading disruptions.
Minimize manual effort and dependency on specialized FIX resources through reusable, automated test scenarios.
Validate FIX connectivity consistently across development, QA, UAT, and pre-production environments with ease.
Supporting test of various business scenarios from Pre-Trade, Trade and Post-Trade
Importing of multiple APIS in various testing scenarios in a single click with ease
Any transactions from applications can be exported to any file formats such as PDF, EXCEL, HTML, etc.,
It supports multiple platforms such as Windows, Linux, etc.,
Enabling an array of tests including performance, functionality, connectivity, and more.
Supporting multiple communication protocols such as FIX, FAST, ITCH, OUCH and EMAPI
Users can create validations at any level of customization based on the API requirement
Default variables can be created at user level and connection level
Designed from the ground up for FIX-based trading workflows, ensuring deep protocol awareness, accurate message validation, and real-world trading scenario coverage.
Covers the entire FIX testing lifecycle—from scenario creation and simulation to execution, validation, and reporting—eliminating fragmented tools and manual processes.
Handles high message volumes, multiple FIX versions, and diverse counterparty configurations, making it suitable for enterprise-grade trading infrastructures.
Automates repeatable FIX testing tasks, lowering reliance on specialized resources while accelerating certification, regression, and release cycles.
Key Capabilities:
Experience how automated FIX testing simplifies validation, reduces risk, and accelerates production readiness.
PhiFIX Test Suite supports functional testing, regression testing, certification testing, and end-to-end FIX workflow validation across multiple FIX versions and environments.
Yes. The platform can simulate exchanges, brokers, and counterparties, enabling realistic FIX sessions and message flow testing without dependency on live trading systems.
Absolutely. It is designed to run consistently across development, QA, UAT, and pre-production environments, ensuring reliable FIX validation at every stage of deployment.
PhiFIX Test Suite is used by FIX engineers, QA teams, and trading technology groups at brokers, exchanges, buy-side, and sell-side firms to automate and scale FIX testing.