Raffaele
Thu Oct 03 2024
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6 answers
1714
What are FIX messages used for?
Could you elaborate on the purpose and significance of FIX messages in the realm of financial transactions, particularly in the context of cryptocurrency and finance? Are they exclusively utilized for equities trading or do they play a broader role across various financial instruments and markets? How do they contribute to the efficiency and transparency of transactions, and what challenges, if any, do market participants encounter when implementing or utilizing FIX messaging protocols?
