New Unified Market Data Feed (UMDF) publishing interface using a binary data enconding (SBE).

B3 provides Unified Market Data Feed (UMDF) based on the Financial Information exchange ("FIX") communication protocol, encoded in two formats: text (tag=value) and binary (FAST).

The technology upgrade in UMDF will be promoted through the implementation of Simple Binary Encoding (SBE).

Binary UMDF primarily meets to high-performance trading systems, being optimized for low encoding and decoding latency, while keeping bandwidth utilization reasonably low. . 

Learn more below and download the full guide on this update from attachments. 

 

 

Product benefits

 

Learn more about the SBE binary protocol and FIX

Access details below 

About SBE

Simple Binary Encoding (SBE) is a FIX standard for encoding binary messages developed by the CME Group and the FPL High Performance Working Group, which aims to optimize the exchange of financial data for high-volume, low-latency data dissemination. Compared to FAST (old encoding standard) it is simpler and faster to encode and decode. 

About FIX

FIX is a technical specification for electronic communication of messages related to the financial market. It is an open standard managed by members of the FIX Trading Community.

Timeline

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Technical details

  • Impacted systems: Market Data.
  • Related functions: No related functions.
  • Certification script: Project does not involve market certification.
  • Sinacor version: No impact.
  • Catalog changes: No catalog changes.

 

Attachments

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