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.