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

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Cutting through the hype surrounding the FDTA rulemaking process

A bill requiring US regulators and institutions to adopt a machine-readable data framework for reporting purposes applies to entity identifiers, but not security identifiers, in a crucial difference, writes Scott Preiss, SVP and global head of Cusip Global Services.

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