Why is it difficult to maintain a live datafeed to BitMEX?

3 answers

• Mukta KhatunOct 13, 2022 · 3 years ago
  Maintaining a live datafeed to BitMEX can be challenging due to the high volume of trading activity on the platform. The constant influx of data from multiple sources, including order book updates, trade executions, and market data, requires robust infrastructure and real-time processing capabilities. Additionally, BitMEX's API rate limits and potential network congestion can further complicate the process of maintaining a reliable and up-to-date datafeed. It is crucial for data providers to have efficient data collection and processing systems in place to handle the continuous flow of information from BitMEX.
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• srushti mohiteAug 03, 2021 · 4 years ago
  One of the reasons why maintaining a live datafeed to BitMEX is difficult is the complexity of the platform's trading engine. BitMEX supports various advanced order types, leverage trading, and margin requirements, which adds complexity to the datafeed integration process. Data providers need to ensure that their systems can accurately interpret and process these complex trading rules to provide accurate and reliable data to their users.
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• obiworldenglishJun 13, 2024 · a year ago
  As a leading digital asset exchange, BitMEX has implemented strict security measures to protect user data and prevent unauthorized access. While these security measures are essential for user protection, they can also pose challenges for data providers trying to maintain a live datafeed. The need for secure and encrypted connections, authentication protocols, and compliance with BitMEX's security standards can increase the complexity and resource requirements for datafeed maintenance.
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