Financial Information eXchange

It keeps a connection open constantly, allowing the exchange to continuously send new prices, completed trades, and other updates as and when they happen.

Then there's FIX, short for Financial Information Exchange.

Institutional traders have used this standard messaging system in traditional markets for years, so firms already using FIX may prefer an exchange that connects with their existing systems.

For BitGet's UTA, however, the main connections are REST and WebSocket, alongside other tools that deliver market data quickly.