What your firm actually does
- Issue the venue login with the market-data entitlements your traders should have — the same decision you already make with your venue.
- Register the account through Connect so the trader finds it pre-filled at sign-in.
How the engine handles the feed
- One market-data connection per trader, built from their own vaulted login. A trader with several firms streams from one entitlement; if that login disconnects, the next request rebuilds from whichever remains.
- Bars and historical replay ride one long-lived connection. Live quotes ride a second, isolated one — a missing quote entitlement never breaks bars, so a chart works even when a login carries data but not level-1 quotes.
- Venues allow one live session per login: if the trader opens the same login in another application, the venue displaces the engine’s session. The engine rebuilds once; a repeated displacement parks the feed rather than fighting the other application for it.