[This message was posted by Pritam Kamat of PapaKilo <[email protected]> to the "Foreign Exchange" discussion forum at http://fixprotocol.org/discuss/1. You can reply to it on-line at http://fixprotocol.org/discuss/read/1597281b - PLEASE DO NOT REPLY BY MAIL.]
Hi Jim I've seen the recommendations but was just curious as to why really ? It may be just me but the Quote messages seems a better fit to provide FX Quotes both inwards and outwards. pritam > We have been recommending the use of MarketData messages to provide > streaming quotes from a market outward. > > A market maker would use quotes and mass quotes to provide quotes into > a a market. > > > Hi > > > > I'm just wondering what drove the choice for using the MarketData set > > of messages to provide streaming rates for FX in FIX5.0 SP2. > > > > In my experience so far I've noticed that the Quote (message type S) > > is frequently used. I realise this is not the most efficient > > especially when pricing the same currency pair across multiple volumes > > - a lot of data is repeated. I wondered why the MassQuote message was > > overlooked (or was it?) as the migration for many of the users I've > > come across would be a little more straight forward. > > > > Thanks for any replies > > > > pritam [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] -- You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/fix-protocol?hl=en.
