Is MatchAPI better than Unified Repository XML?

MatchAPI was created to address limitations of legacy schema formats such as FIX’s Unified Repository XML and QuickFIX dictionaries. It provides:

  • Native support for multiple encodings (FIX, binary)
  • Clear separation of semantic and encoding layers
  • Inheritance, extensibility, and validation rules
  • A single source of truth for documentation and code generation Each project has different requirements, but MatchAPI is designed to be modern, consistent, and automation-friendly.
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