Keywords:
data security, cryptography, stock exchange, fix protocol
Abstract
FIX protocol is standardised method for exchanging electronic messages containing information about stock transactions. Future implementation of FIX protocol on Belgrade stock Exchange takes great concern on security and mechanism for protocol implementation. FIX protocol defines methods for authentication, integrity and confidentiality. This paper presents mechanism of data security in FIX protocol. Algorithms used for data security are DES, PGP, PEM. Additionally, MD5 is used for digital sigatures.
