SimulateEX software provides a FIX based exchange simulation environment, which makes it easy for clients to develop and test their trading systems using ConnectEX software, especially during initial development phase. Even if a real exchange connection is available, having a simulation exchange environment will give more control on various testing scenarios.

This software is implemented using a fully functional FIX server, which emulates sell-side/exchange-side FIX implementation. The simulated matching engine is flexible and allows making markets for any products.

The following diagram shows a typical deployment of the software, connecting to a simulation exchange for trading.