Microsoft Real-Time API For Windows Gets Its Tires Kicked


Microsoft Corp.'s effort to develop a uniform standard to allow Windows-based applications to exchange real-time market data has yielded its first fruit. However, to satisfy financial industry users, much work still lies ahead.

Microsoft submitted for review the first release of the so-called Windows Open Systems Architecture Real-Time extension (WOSA/XRT) to its Open Market Data Council two weeks ago. The council is expected to vote to adopt the standard, even though a range of market data d

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