Discussion Forums

Re: Full or Incremental Refresh (265=0 or 1)
N. D.
12 Jun 2008 10:35AM ET

> > Hi!
> >
> > I was curious to know - what is used more commonly in the FX space for
> > MD Updates. Is it 265=0 or 265=1? Do OMSs usually handle both
> > scenarios or are coded for one or the other?
> >
> > Cheers!
>
> 265=0 is easier to support because the first message is always going to
> be a full refresh message and 265=0 or 265=1 is selecting whether
> subsequent messages will be full or incremental refreshes.
>
> Selecting 265=1 and taking the incremental messages is recomended as it
> is going to be a lot more efficient even if it means extra work on the
> client side to maintain the book state.

Thanks for the response. I do understand the efficiency advantage for 265=1. Wat is the mechanism used in Live applications? Do OMS applications for most part subscribe to 'Incremental' MD updates?


Full or Incremental Refresh (265=0 or 1)
N. D.   11 Jun 2008 6:44PM ET
Re: Full or Incremental Refresh (265=0 or 1)
Jay Hurley / Morgan Stanley   11 Jun 2008 9:00PM ET
Re: Full or Incremental Refresh (265=0 or 1)
N. D.   12 Jun 2008 10:35AM ET