GMEX Readies Data Test Days Ahead of Exchange Launch

CEO Hirander Misra expects tests to boost numbers of participants.

hirander-misra

GMEX plans to hold two live simulation days this quarter, during which vendors and trading firms will be able to test their systems in a live trading environment against market data that is "as close to production as you can get," says chief executive Hirander Misra.

Data vendors first began testing GMEX's market data feeds in August last year. GMEX offers two feed formats: an optimized binary protocol similar to the widely used ITCH data protocol, and one based on versions 4.4 and 5 of the FIX

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