SBE

Simple Binary Encoding optimized for low latency of encoding and decoding.

FIXP

FIX Performance Session Layer based on SBE.

FIXP Connection

It is comprised of four or three iterations: negotiate (is not required for intra-day connections), establish, message exchange, and terminate.

FIXP Session

It is comprised of one or more FIXP connections, meaning that a FIXP Session spans multiple establishments.