Tips for Reducing Market Risk with the FIX Protocol

Financial trading activity between exchanges, brokerage firms, hedge funds, and other financial services companies is a core component of the world economy. With trillions of dollars traded annually on the NASDAQ alone, financial service entities are investing heavily in optimizing electronic trading and employing direct market access (DMA) to increase their speed to financial markets and reduce latency where possible. Put simply, a one millisecond advantage can be worth millions. In addition, regulatory initiatives like the Regulation National Market System (RegNMS) in the US and the UK's Markets in Financial Instruments Direction (MiFID)...