B3 SBE Market Data refers to the real-time market data feed provided by the B3 exchange, specifically using the Simple Binary Encoding (SBE) protocol. This data feed delivers crucial information like order books, trades, instrument definitions, and statistical data for various asset classes, including Equities, Derivatives, and FX. It adheres to the FIX Performance (FIXP) protocol, utilizing a continuous sequence-number series for bi-directional message flow.

Features

  • Multicast UDP Connectivity: Utilizes the efficiency of UDP multicast for rapid market data dissemination.
  • Schema-Driven Decoding: Employs pre-defined SBE templates for fast and accurate message parsing.
  • Field Alignment and Padding: Optimizes data access speed by strategically organizing fields within messages to maximize cache line efficiency.
  • Robust Recovery Mechanisms: Ensures seamless recovery from data loss or disconnections through support for sequence number tracking, RptSeq/LastRptSeq synchronization, Snapshot Recovery, Channel Reset, and EmptyBook mechanisms.
  • Comprehensive Market Data Support: Handles all SBE-encoded market data messages for supported asset classes, including order books, trades, statistics, instrument definitions, and special events like auction imbalances.
  • Automated Order Book Management: Provides tools for efficiently building and updating order books from snapshots and incremental updates, including full-depth Market by Order (MBO) order books.

Key Benefits

  • Ultra-Low Latency: Designed for high-performance trading systems, focusing on minimizing encoding/decoding overhead and maximizing data processing speed.
  • Reduced Bandwidth Consumption: The binary format of SBE significantly reduces message size compared to traditional text-based protocols, leading to lower bandwidth usage and cost savings.
  • Simplified Implementation: SBE eliminates complex features found in other binary protocols like FAST, making it easier to develop and integrate with client applications.
  • Pre-Certified by B3: Guarantees compatibility and seamless integration with the B3 PUMA Trading System.

B3 SBE Market Data Handler is now available in a 30-day trial version.

Software escrow is available on demand.

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Documentation

B2BITS B3 UMDF SBE Handler