FIX Releases Version 1.0 of Simple Binary Message Encoding

The encoding will support high performance demands in transactions and market data feeds.

data-abstract-123

Advancements in the speed of hardware, software and network connections prompted FIX to examine the current version of the FIX Protocol (the electronic communications protocol for real-time exchange of information related to the securities transactions) and address how the requirements for new financial applications such as high-frequency trading and market data can be met.

"FIX is a protocol which has been out there for twenty years now, which used the best technology of twenty years ago. The r

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