<s>
The	O
FAST	B-Protocol
protocol	I-Protocol
(	O
FIX	B-Protocol
Adapted	O
for	O
STreaming	O
)	O
is	O
a	O
technology	O
standard	O
developed	O
by	O
FIX	B-Protocol
Protocol	I-Protocol
Ltd.	O
,	O
specifically	O
aimed	O
at	O
optimizing	O
data	O
representation	O
on	O
the	O
network	O
.	O
</s>
<s>
In	O
November	O
2004	O
,	O
Mike	O
Cormack	O
(	O
then	O
CEO	O
Archipelago	O
Holding	O
)	O
spoke	O
at	O
the	O
FPL	O
(	O
FIX	B-Protocol
Protocol	I-Protocol
Ltd	O
)	O
conference	O
in	O
New	O
York	O
regarding	O
a	O
call	O
for	O
action	O
to	O
meet	O
the	O
challenges	O
of	O
the	O
increased	O
market	O
data	O
volumes	O
.	O
</s>
<s>
The	O
classic	O
FIX	B-Protocol
tag	O
value	O
format	O
was	O
considered	O
to	O
be	O
too	O
verbose	O
and	O
had	O
a	O
high	O
processing	O
overhead	O
.	O
</s>
<s>
There	O
are	O
Open	B-Application
Source	I-Application
implementations	O
of	O
the	O
Protocol	O
available	O
.	O
</s>
