Front-end System Development Procedures
(for members in-house developers/ subcontractors)
1. Conclusion of Contracts
Before start developing for the Front-end Trading system, a Trading Member needs to sign legal contracts with TFX.
(1)Release of Documents
TFX will release documents ⁄ specifications required for your system development including the following.
(2) System Design and Development
3. Test Environment Setup (Installation of TFX designated Networks etc.)
A Trading member needs to apply and install necessary infrastructure to access the test environment (for conformance testing) and the production environment.
- Application ⁄ Installation of arrownet v2.0 network
- Application for Use of Test Environment
4. Conformance Test
After completing systems development, conformance test will begin .
Upon successful completion of the conformance test, a notification will be sent to the Trading Member.
Before putting the developed system into operation, however, a Trading Member needs to take and pass a Market Entry Test (MET) in the Test Environment.
Trading Members are able to develop their own proprietary Front-end trading system either in-house or by subcontracting (such as ISVs). Even in the latter case, a trading member will be the main party to contracts, applications, and communications with the exchange i.e. TFX will neither take inquiries from nor disclose any information to a subcontractor directly.