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Rumesh Madhusanka
Rumesh Madhusanka

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Transport layer protocol for High frequency trading

Some people say TCP is too slow for HFT, and UDP is not reliable. Therefore Fintech companies come up with their own transport layer protocol.
What are would be the characteristics of such protocol?
Are there any non proprietary protocols out there?

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rafalpiotrowski profile image
Rafał Piotrowski

there are ways to make UDP reliable, and this is what HFT is spending substantial effort to make sure it is