CME Smashes Rates with FIX

DELIVERY TECHNOLOGIES

The Chicago Mercantile Exchange is claiming to have slashed market data message sizes and significantly increased throughput of market data messages as a result of changes it has made to the FIX protocol.

As IMD went to press, the latest test results from the exchange showed an almost 10-fold increase in message throughput as a result of changes to the message format and to the software used to process the messages at client sites, says Ron Newell, associate director and architect for electro