How much does a FIX connection cost?
Excuse me, could you please elaborate on the cost associated with establishing a FIX connection? Is there a standard pricing model, or does it vary depending on the service provider, the features offered, and the volume of transactions? Additionally, are there any hidden fees or recurring costs that we should be aware of? Your insights would be greatly appreciated.
How does FIX connection work?
Can you please elaborate on how the FIX connection operates? I'm curious about the technical aspects behind this financial messaging protocol. Specifically, how does it facilitate communication between various financial institutions, ensuring the swift and secure transfer of orders, executions, and other market-related data? Additionally, what role does the FIX protocol play in enhancing trading efficiency and reducing operational risks in the cryptocurrency and finance sector? I'm eager to understand the intricacies of this crucial component in modern financial markets.