Smart Trade Technologies, provider of next-generation multi-asset matching solutions for the financial markets, and the QuickFIX/J Team, developers of the 100% Java open source FIX engine, announced the worldwide production release of QuickFIX/J, a pure Java implementation of the QuickFIX engine and the only full-featured open source Java FIX engine currently available.

This initiative allows a natural integration of the QuickFIX/J engine design with Java enterprise technologies, ideally suited for developing platform-independent FIX-related applications, tools and user interfaces. Smart Trade Technologies contributed to the QuickFIX/J project by providing programming skills, technical leadership and management resources. Smart Trade Technologies also uses QuickFIX/J to provide an out-of-the-box, enterprise-class FIX connectivity extension for its smartTrade Trading Platform (STTP).

"QuickFIX/J is a strategic component of our overall architecture to provide external FIX connectivity for our multi-asset matching solution," said David Vincent, CTO and co-founder of Smart Trade. "This initiative is an integral component of the business strategy at Smart Trade to fully embrace the open-source community and push for the next-generation of trading technologies."

"We have been very pleased with extremely positive response to this production release," said Steve Bate, lead developer and initiator of the QuickFIX/J project. "We have actively built an open-source community around QuickFIX/J. With new users and development resources, we are expecting a rapid evolution of the product while leveraging existing standard Java APIs and open source technologies." Bate is also head of research and development at Smart Trade.

According to Oren Miller, creator of QuickFIX, "I'm thrilled with the work done on QuickFIX/J and happily endorse it as a quality companion or alternative to the original," said Oren Miller, the creator of QuickFIX. "We have worked closely with the QuickFIX/J team to ensure compatibility with QuickFIX, swapping it into some of our own applications."