Equity Latency Measurement
Due to the mass of email/code/stuff one get each day, sometimes it takes me a while to get round to reading everything. Hence somewhat delayed, but still worth mentioning is a now slightly old article by Low-Latency.com, Measuring Latency in Equity Transactions. The article provide figures for State-of-the-Art Latency general usage connections, coupled with a good overview of latency in financial markets from a viewpoint of exchanges. Page 6 gives some key latency numbers for asset classes. Figure 4 should be familiar to anyone who’s working in the venue connectivity space. Table 3 is relevant to anyone working or considering working in the global trading connectivity space.
Overall, excellent article, and worth the reading time.
now, measuring latency in “.. marching engine ..” is not an easy task indeed. Unless of course it’s a typo.
Ironic that there was a delay in you mentioning a paper on low latency