The days of the proprietary ticker plant are numbered. That’s the direction that Greg Maynard and the rest of the ISE believe the industry is moving. Speaking on Monday at the FIX Protocol Exchanges/ECN Working Group meeting, he was one of 6 exchange representatives speaking in glowing terms of FAST (FIX Adapted for STreaming). FAST is a high-performance wire protocol for encoding market data and other FIX traffic, which will replace proprietary wire protocols for market data entirely.
Posted on June 22, 2007 by Graham Miller