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The first release candidate of FIX JSON primarily considered the use case of translating tag=value encoding to JSON for web presentation of FIX messages. Such translation from existing messages does not require a formalized schema.
However, JSON has been popularized for web APIs as, largely as a substitute for complicated XML APIs. For a potential RC2, this use case should be considered. For example, a REST API could be provided that filters data by FIX fields encoded in JSON, while the result returns JSON-encoded FIX messages.
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