Earlier quoted context omitted.
Curious if the binary protocol uses floating point or a fixed point representation? Or is floating point with its rounding issues sufficient for the protocol's needs?
No GP but familiar with these protocols. They use fixed point extensively; I can't even thing of an exchange protocol which would use floating point since the rounding issues would cause unnecessary and expensive problems. This is typical (from NASDAQ http://www.nasdaqtrader.com/content/technicalsupport/specifi... ): Prices are integer fields. When converted to a decimal format, prices are in fixed point format with…
X-Stream feeds do for example