FastMatch introduces binary ports as it speeds up platform

Changes effective from July 1

FastMatch gets faster, but pricier

FastMatch is introducing a premium-charge service for order entry and market data connection points in an effort to reduce latency on the trading platform, which will result in tighter spreads and faster price discovery, according to a company note to clients.

From July 1, FastMatch will charge $3,000 per month for access to binary ports, following an initial three-month period during which 'actively trading' customers will receive the service for free.

Previously, the platform offered two Fix

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