TMX Readies Micro-Message Binary Feed
Canadian exchange group TMX will launch its new high-performance QuantumFeed datafeed next Monday, April 18, utilizing a new binary data protocol to reduce message sizes by a factor of 10, and reduce the required bandwidth capacity to one-third that of the exchange’s existing feeds, officials tell Inside Market Data.
André Craig, vice president of the exchange’s TMX Datalinx market data arm, says TMX will offer Level 1 trade and quote and Level 2 full depth of order book versions of the feed
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Everyone wants to tokenize the assets. What about the data?
The IMD Wrap: With exchanges moving market data on-chain, Wei-Shen believes there’s a need to standardize licensing agreements.
FIX Trading Community recommends data practices for European CTs
The industry association has published practices and workflows using FIX messaging standards for the upcoming EU consolidated tapes.
TCB Data-Broadhead pairing highlights challenges of market data management
Waters Wrap: The vendors are hoping that blending TCB’s reporting infrastructure with Broadhead’s DLT-backed digital contract and auditing engine will be the cure for data rights management.
CME, LSEG align on market data licensing in GenAI era
The two major exchanges say they are licensing the use case—not the technology.
Data infrastructure must keep pace with pension funds’ private market ambitions
As private markets grow in the UK, Keith Viverito says the infrastructure that underpins the sector needs to be improved, or these initiatives will fail.
AI enthusiasts are running before they can walk
The IMD Wrap: As firms race to implement generative and agentic AI, having solid data foundations is crucial, but Wei-Shen wonders how many have put those foundations in.
Jump Trading spinoff Pyth enters institutional market data
The data oracle has introduced Pyth Pro as it seeks to compete with the traditional players in market data more directly.
50% of firms are using AI or ML to spot data quality issues
How does your firm stack up?
