The new FIX/FAST market data format, which is CME’s next step in the
generation
of market data, dramatically reduces end-to-end latencies and improves bandwidth
scalability. The new format is based on FIX and FAST protocols for
increased efficiency and is the basis of a new industry standard for market data.
FIX/FAST is scheduled to launch in the New Release
Certification environment by the end of July 2007, and in the Production environment late in the
third quarter of 2007.
The FIX/FAST Software Development Kit, with sample messages and templates, is now
available online at
www.cme.com/fixfast
.
In preparation for this upcoming migration, we
strongly recommend
that all Market Data Distributors take the following actions:
Ø
Upgrade your circuit connectivity to 40MB
Ø
Obtain a connection to CME’s
New Release CERT environment
To get these processes started, please contact Kevin Brady at
kbrady@cme.com
or at 312.648.3653.
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