FXCM Pro Upgrades FIX Messaging System, Cuts Latency Materially
Posted: Tue May 31, 2016 9:22 pm
FXCM’s (NYSE:FXCM) institutional business unit, FXCMPRO has sent out a note to clients elaborating on a new FIX messaging system that has been deployed by the company. According to the announcement the latency times for some users have been receded by up to 88 per cent, a figure that is quite significant.
The release is named External Messaging Flow (or EMF), and is rolling out to all FIX clients of FXCM Pro, with the brokerage community being one of the biggest beneficiaries from the new service. Tech providers oneZero and ThinkLiquidity have been amongst the first companies in the industry that ... (read more)