Latest Developments in FIX Protocol
The latest version of FIX Protocol implements "Transport Independence" by permitting multiple versions of application messages to be carried over a single version of Transport Independent FIX Session (FIXT.1.1 and higher).
Transport Independence also paves the way for different transport protocols like Message Queues, Web Services etc. to be used for FIX message transport other than traditional FIX over TCP.
FIX now supports Algorithmic Trading by use of FIX Algorithmic Trading Definition Language FIXatdl
FIX Protocol Limited has released FAST protocol which stands for FIX Adapted for Streaming. FAST is used for sending Multicast market data
Read more about this topic: Financial Information EXchange
Famous quotes containing the words latest, developments and/or fix:
“There they are at last, Miss Rutledge. The will-o-the-wisps with plagues of fortune. San Francisco, the latest newborn of a great republic.”
—Ben Hecht (1893–1964)
“The developments in the North were those loosely embraced in the term modernization and included urbanization, industrialization, and mechanization. While those changes went forward apace, the antebellum South changed comparatively little, clinging to its rural, agricultural, labor-intensive economy and its traditional folk culture.”
—C. Vann Woodward (b. 1908)
“The trouble with most problem-solving books for parents is that they start with the idea that the child has a problem. Then they try to tell us how to fix the child, or else, after blaming the parent, they suggest how we can fix ourselves.”
—Polly Berrien Berends (20th century)