Don't use fix use binary protocols if you can, better latency
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Replying to @drewg__ @nope_its_lily and
What are the differences? I've setup tons of new trading accounts and every time we get to the technicals, ie: "do you guys want to use FIX?" I would just loop in support staff.
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Replying to @saanglee @nope_its_lily and
Fields are in fixed positions and don't require parsing by a fix engine when you trade binary protocols, saves some compute cycles. Fix more flexible and human friendly but you lose out on speed
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yeah this is the correct answer. most of the time when you’re getting multicast from an exchange it comes in as a fixed size binary protocol. fix engines are slow
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Replying to @nope_its_lily @drewg__ and
i have a very particular set of skills. skills that make me a nightmare for retail traders
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Replying to @theemilyaccount @nope_its_lily and
do retail traders really care if their fix orders take a few extra microseconds?
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Replying to @mpp75214 @nope_its_lily and
depends who you ask. if it’s fintwit, of course they do, because they don’t understand markets. this is ironic because they’re sending their orders over their home internet
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I actually plug my laptop into a leased line at NY5 for my personal trading I'm very offended you would generalize about retail in this way
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Replying to @nope_its_lily @drewg__ and
i refuse to use my own product, and i never sell from my house as is the rule, so i do not trade
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End of conversation
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