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FIX can operate as a binary, compact ASCII or XML-like protocol. FIX has support for multicast. FIX has open source Java, .NET and C++ implementations. It's got
by lotsofcows 12y ago
FIX can operate as a binary, compact ASCII or XML-like protocol. FIX has support for multicast. FIX has open source Java, .NET and C++ implementations. It's got a thriving development community and a non-profit, industry-driven standards body. FIX isn't going anywhere. No buts.
Possibly you haven't looked at it since 1992...
- minimax 12y agoBut FIX _is_ going away in US equities as all of the major exchanges have adopted native binary protocols. We still have to deal with it in other asset classes, but I (as a developer) am not really happy about it. FIX/FAST is a massive pain in the ass relative to simple binary protocols.