The FAST protocol (FIX Adapted for STreaming) is a technology standard developed by FIX Protocol Ltd., specifically aimed at optimizing data representation on the network. It is used to support high-throughput, low latency data communications between financial institutions. In particular, it is a technology standard that offers significant compression capabillities for the transport of high-volume market data feeds and ultra low latency applications.[1][2]
The approved standard is currently at version 1.1, and is beginning to be used in commercially available products. Exchanges and market centers offering data feeds using the FAST Protocol include: