Market Data Subscription

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Imported from previous forum

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Hi Folks,

As part of an ongoing FIX Gateway project here at PLUS Markets, we are looking to provide a Market Data Server to allow dissemination of Data to our MDVs (Market Data Vendors.)

I will be interested to get a feedback on the below two questions:

1: What is the spread of usage between “Publish & Subscribe” vs “receive All” data dissemination

2: In terms of data distribution, which is the most efficient method to adopt “Point-to-point” or “Multicast” channel broadcast?

NB We currently have 18,000 listings on our trading engine.

Appreciate a feedback.

Mark on behalf of John Crackett.

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Have you considered using FAST for Market Data?

Hi Folks,

As part of an ongoing FIX Gateway project here at PLUS Markets, we are
looking to provide a Market Data Server to allow dissemination of Data
to our MDVs (Market Data Vendors.)

I will be interested to get a feedback on the below two questions:

1: What is the spread of usage between “Publish & Subscribe” vs “receive
All” data dissemination

2: In terms of data distribution, which is the most efficient method to
adopt “Point-to-point” or “Multicast” channel broadcast?

NB We currently have 18,000 listings on our trading engine.

Appreciate a feedback.

Mark on behalf of John Crackett.

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Hi Mark,

My opinion below…

I will be interested to get a feedback on the below two questions:

1: What is the spread of usage between “Publish & Subscribe” vs “receive
All” data dissemination

From Exchanges = 100% receive all, with a twist. Most exchanges “channelize” their product by sections (e.g. Options, equities, Indexes etc.) then within the groups it is “receive all”.

2: In terms of data distribution, which is the most efficient method to
adopt “Point-to-point” or “Multicast” channel broadcast?

Multicast without question. Look at the CME implementation, they are the most well researched and organised I know (I don’t have experience in Equities, so don’t take this view as authoritative).

NB We currently have 18,000 listings on our trading engine.

How many connecting users/entities is more the decision element…