Hey chaps! 'Zup? It's been a while since I `touch`-ed this site. Shows how busy life have been lately. But it's great to be back and thanks for dropping by - 12K visits and 4 awesome followers! - not bad I believe.
Ok, I moved from a bit from pure UNIX admin/support work to a more interesting (niche) industry. Welcome to my world, welcome to Market Data! Very exciting! Before my current role, never heard of this (and a lot more), never crossed my mind it existed. How naive I am. Or we? So should I change the title of my blog now? Perhaps not. I still try (read: am too lazy) to get my hands dirty whenever I can.
Again, back to the new stuff I'm learning, specifically Reuters Market Data System or RMDS. As much as I want to discuss it, I still have to check to make sure I won't get sued (OK, I won't)! So for now, please bear with me as I compile some notes - hope it's useful for you, too!
P.S. You'll see NIX commands all over. Please leave a note or some sort if you can to correct or find better way to do it. All effort is appreciated.
A backgrounder (courtesy of Wiki):
Reuters Market Data System (RMDS) is an open market data platform provided by Reuters. RMDS is used to transport, integrate and manage financial data from stock exchanges and other data sources to end users (such as a bank or enterprise) using multicast or broadcast technology. The underlying Broadcast technology protocols are called Reuters Reliable Control Protocol (RRCP) and the Reuters Reliable Messaging Protocol (RRMP)
The latest version of RMDS is version 6, which uses Reuters Wire format as opposed to Marketfeed used in RMDS version 5.
OR check this site: http://thomsonreuters.com/products_services/financial/financial_products/a-z/enterprise_platform_for_real-time/
Rumor has it: something (ADH) will replace RMDS.
OK going back, basic structure of RMDS is:
Data Feed -> Source Distributor -> Sink Distributor -> Client App.
