FIX Releases Version 1.0 of Simple Binary Message Encoding

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


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

To continue reading...