Joined: Mar 14, 2015
Posted: Jun 19, 2015 12:06 PM
Msg. 1 of 2
It seems to me that this should be a high priority . . . . the need for standards for communicating.
FIX® has become the way the world trades. Virtually every major stock exchange and investment bank uses FIX for electronic trading, alongside the world's largest mutual funds, money managers and thousands of smaller investment firms. Leading futures exchanges offer FIX connections and major bond dealers either have or are implementing them. Identifying an exact number of users is impossible, as FIX is a free and open standard, but it is very clear that the world’s financial community now speaks FIX.
-VP, Product Operations-
Joined: May 3, 2004
DTN IQFeed/DTN.IQ/DTN NxCore
Posted: Jun 19, 2015 02:03 PM
Msg. 2 of 2
Thanks for the post Mano. This mirrors your request that was forwarded through Developer Support as well (yes, we communicate internally here).
FIX has indeed been a primary communication protocol for TRADING for years. However, we aren't a trading company. We are a Market Data Company. We focus on providing the most feature rich, reliable and fastest data. Sometimes this requires creating our own protocols and/or utilizing other standards based protocols. With tens of thousands of users, we also must focus our development on the things that mean the most to the majority of them. In the 15+ years we have been providing the IQFeed service, I can count on one hand the number of times developers have been unable to quickly and effectively implement our protocol/service. Thus, we will keep this on our customer request list and continue to evaluate it against our other priorities.
Vice President, Active Trader Products