The Lab

Expand all   Collapse all

Versions Compared

Old Version 32

changes.mady.by.user Matthew Whitaker

Saved on

compared with

New Version 33

changes.mady.by.user Matthew Whitaker

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Each Trading Venue has its own combination of transport, message format and conventions for market data and order management. Whisperer normalises these differences via a common interface whilst preserving the key semantic details of the original messages.

Info

Whisperer Enterprise differs from Classic in that all FX Product types [SPT, FWD, NDF, SWP, NDS, BLK, NDB, BAT] and all trading models [CLOB orders, Maker/Taker ESP, RFS & RFQ] are supported - all delivered via a single SBE API. Client sessions are managed by the relevant Feed Handler only, which facilitates direct communication between Customer and Venue for all session types.

Whisperer Enterprise SBE API is not related to the Whisperer Classic SBE3 implementation and utilises a completely new SBE schema with new Server-side components.

For detailed information relating to the changes, please refer to Whisperer Enterprise vs Whisperer Classic.

SBE

The Whisperer Enterprise interface is founded on the Simple Binary Encoding (SBE) protocol which was commissioned by the CME in 2013, and has become the de facto successor to FIX / FAST. 

...