Based on Fix and Fast market data protocols, Fix/Fast is aligned with industry messaging standards and is the basis for CME Group’s new market data distribution. Fix/Fast improves scalability, allows customers to reduce bandwidth and offers reduced latency at both average and peak message rates. All CME Group customers are expected to move to this more flexible format from the legacy RLC market data format by the end of 2008, when RLC will be discontinued.
Fix/Fast is the step in CME Group’s strategy to improve market data offerings in response to customer requests for faster and more efficient distribution of data. Combined with last year’s change to the Market Data Platform (MDP) dissemination method, customers now have the latest technology available for obtaining CME market information and prices.