Binary protocol
Quick definition
Binary protocol uses binary encoding for fast and compact data transmission in trading systems.
What is Binary protocol?
Binary protocols encode messages in binary form (0s and 1s), improving data transfer speed and efficiency compared to text-based protocols. This method is essential for high-frequency trading, where reducing latency and ensuring rapid data exchanges are paramount.
New users get $125 in free credits
Free credit applies to all of our historical market data.
