In addition to the consumption of Market Data encoded in the FIX/FAST format, the UMDF Platform enables the consumption of Market Data with binary encoding SBE (Simple Binary Encoding), which offers lower latency when compared to encoding in the FIX/FAST format, benefiting mainly high-performance trading systems due to their low encoding and decoding latency.
Developing to the Binary UMDF

Definition of channel multicast addresses Binary UMDF
PCAP Examples
Maximum number of market data messages observed
* All numbers in millions of messages
| Trading | |||
|---|---|---|---|
| Type | BM &F | Bovespa | Total |
| Number of trades on the day (03/03/2026) | 11,8 | 5,8 | 17,6 |
| Number of trades on the day (02/22/2021) | 6,5 | 8,1 | 14,6 |
| Market data messages (MBO) on the day (03/23/26) | 228,8 | 616,1 | 844,9 |