2012 Review: Emerging Exchanges Revamp Data Tech, US Exchanges Ditch FAST


Traders hunted for opportunities in new markets during 2012, prompting emerging exchanges to upgrade their technological infrastructures and roll out new feeds that meet latency requirements and simplify data access, in a bid to capture some of this business, while their Western counterparts began phasing out use of  the FIX/FAST Protocol as a data compression standard over concerns about potential exposure to a patent infringement lawsuit filed in the US by IXO/Realtime Data against US exchange

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