ISE Readies Level 1 Direct Datafeed

The new feed, dubbed FAST Quote, is based on the same Financial Information eXchange (FIX) and FIX Adapted for Streaming (FAST) protocols that support the exchange's depth-of-market feed, which entered full production as a chargeable data product following approval by the Securities and Exchange Commission last month (IMD, June 15). As with the Depth Feed, FAST Quote will also be transmitted via Multicast, though bandwidth requirements for the feed have not yet been specified.

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