Which interface is a Market Data Interface?

Which interface is a Market Data Interface?

• A. STI
• B. IMI
• C. QTI
• D. OTI

Answer: (B)

The main idea here is understanding which interface is used to receive live market information. A Market Data Interface is the channel that delivers real-time quotes, market depth, and trades to subscribers, separate from channels used to place or transmit orders. The IMI interface is the one designated for market data feeds, so it’s the best choice when your system needs to consume live market information. The other interfaces are built for different tasks (such as sending orders or handling trading messages), so they aren’t the channels you’d use to obtain market data.

The main idea here is understanding which interface is used to receive live market information. A Market Data Interface is the channel that delivers real-time quotes, market depth, and trades to subscribers, separate from channels used to place or transmit orders.

The IMI interface is the one designated for market data feeds, so it’s the best choice when your system needs to consume live market information. The other interfaces are built for different tasks (such as sending orders or handling trading messages), so they aren’t the channels you’d use to obtain market data.