CME Rolls Out FIX FAST For Data

The exchange expects to have its first live client certified and consuming its depth of book data, snapshot recovery service and missed message replay via FIX FAST by the middle of October, and expects another 15 subscribers-a combination of trading firms and quote vendors representing between 10 and 20 percent of the CME's data clients-to go live by the year-end.

The CME expects the majority of clients to migrate sometime next year, and plans to retire its legacy RLC format for data distrib