Engineering knowledge

Market Data Knowledge Center

Practical technical guides for brokers and trading-platform teams evaluating price feeds, source normalization, aggregation, protocols, failover, historical data and operational quality.

Technical guide

What Is a Market Data Price Feed?

A technical guide to market data price feeds for brokers: sources, normalization, aggregation, delivery, monitoring, licensing and downstream trading systems.

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Technical guide

FIX vs WebSocket for Market Data

Compare FIX and WebSocket market data delivery for broker infrastructure, trading platforms, institutional connectivity and client-facing applications.

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Technical guide

How Broker Price Aggregation Works

Technical explanation of broker price aggregation, multi-source normalization, source health, quote selection, outlier handling and failover.

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Technical guide

How to Detect Stale Market Data Quotes

Guide to detecting stale market data using timestamps, sessions, source health, symbol activity and failover rules in broker infrastructure.

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Technical guide

Market Data Normalization for Broker Platforms

How brokers normalize market data symbols, timestamps, precision, sessions, quote fields and source metadata before distribution.

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Technical guide

MT5 Market Data Integration Architecture

Technical guide to connecting normalized market data to MetaTrader 5, including symbol mapping, test environments, failover and monitoring.

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Technical guide

Designing Market Data Failover

Practical guide to primary and backup market data, source health, failover scope, hysteresis, recovery and monitoring for broker systems.

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Technical guide

Market Data Licensing Considerations for Brokers

Technical overview of market data licensing considerations: display, non-display, redistribution, derived use and source entitlements for broker deployments.

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Technical guide

How to Evaluate Historical Tick Data

Guide to historical tick data quality, timestamps, provenance, gaps, symbol changes, replay and backtesting requirements.

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Technical guide

Market Data Latency: What Should Brokers Measure?

Guide to measuring market data latency across source, network, normalization, aggregation and distribution without misleading single-number claims.

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