Gain's GTX ECN unveils binary data protocols

Clients using the ECN's new GTTP protocol can receive data faster at lower latencies

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Power up: the GTTP protocol offers faster decoding times to support high-frequency trading

Broker Gain Capital's GTX ECN has released new binary protocol options for firms subscribing to data on its platform, in response to client demand for more flexible and standardised access.

Until now, traders connected to GTX exclusively using the Fix Protocol to receive individually tailored feeds of prices from the brokers with whom they have permission to trade. The new binary protocols are expected to deliver greater speed and throughput to attract algorithmic traders.

"No single protocol

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