The following are the key points covered in this chapter:
  • We talked about the importance of market data and how it is consumed by market professionals across the financial trading value chain to arrive at informed trading decisions.

  • We provided a basic overview of the important network concepts and protocols such as the TCP/IP core stack, IP, and ICMP.

  • We covered the advantages of using DNS, which provides better name resolution functionality.

  • We demonstrated how to use UDP with the help of a market data producer and consumer example.

  • We discussed the advantages of using TCP over UDP.

  • We discussed the types of conventions followed by computers when interpreting and packaging multibyte numbers.

  • We showed how to implement a generic code to preserve a message boundary.

  • We covered the different types of network broadcast techniques: solicited and unsolicited broadcast.

  • Finally, we showed how to implement a prototype of a broadcast engine that uses a network multicast feature to publish market data.


Market Data Multicast Group Connection Request User Datagram Protocol Domain Name System 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Yogesh Shetty and Samir Jayaswal 2006

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