MDP 3.0, is CME migrating to a new data comm protocol? | Reviews of Brokers and Data Feeds


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MDP 3.0, is CME migrating to a new data comm protocol?

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LukeGeniol View Post
At this point that the data will not more based on tick but on time, and this is the microsecond, I'm curious to see how many trades will be made on the same microsecond....

Not very many, for sure. Guessing it would be an extremely tiny percentage.

My understanding is this: The only issue here is bundling a trade. When I submit a market order for a 50 lot on ES, I get filled with lots of 1's and 2's and some 5's usually. Prior to MDP 3.0, each fill would count as a trade. Now my one order for 50 gets counted as one trade, regardless of the incremental fills, within an allowable limit of time.

I've not seen specific documentation on the elapsed time that is allowable.

Mike

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