Faster, FASTer
Two of this week's top stories illustrate a growing trend: the use of the FAST (FIX Adapted for Streaming data) protocol to mitigate rising market data volumes and reduce costly bandwidth utilization.
Recognizing the sheer volume of new data that its forthcoming market depth feed will generate, the American Stock Exchange has decided to distribute the Level 2 data using FAST to reduce bandwidth issues for the exchange and its clients. The Amex realizes that smaller data packets not only consume
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