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I used to work on market data feeds, which occasionally require a reference data file from an FTP to be delivered before market open before you can do anything
by nly 18d ago
I used to work on market data feeds, which occasionally require a reference data file from an FTP to be delivered before market open before you can do anything useful with the feed.
Nothing like being on-call when the file doesn't get delivered, or fails to parse
Fortunately most feeds deliver reference data inband these days
- alexpotato 17d agoA lot of this is also moving to SWIFT (as in banking system) messages. I guess in some ways this is better but SWIFT is famously a giant pain in the ass to install and support.