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What is the FIX FAST protocol?

April 26, 2017fast Fix Protocol

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What is the FIX FAST protocol?

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FIX FAST stands for FIX Adapted for STreaming. FIX is the industry-driven messaging standard that was created in 1992 and the FIX Protocol Organization more recently developed the FAST protocol as a common industry standard for real-time market data. The FAST algorithm has the ability to reduce the bandwidth requirements by 70-80% over a standard FIX message. ISE is an active member and sponsor of the FIX Protocol Organization. For more information about the FIX Protocol Organization, please visit http://www.fixprotocol.org/fast.