Synthetic Latency Measurement with TradeVision
Application Notes
When it comes to electronic trading in highly fluid markets, access to real-time and accurate market data is critical, and nanoseconds count. The speed and sequence with which market participants place and execute orders at the matching engine of a given exchange venue depend on many technical variables. One of these variables is the latency in accessing real-time market data. The latency of trading networks continues to be a key operational parameter that is tracked by many network operations and network architects in the finance sector. There are many methodologies and places to measure latency – between an exchange and a remote site, between two points within a trading network, and the latency of the wide area network between two or more geographically separated sites. This application note explains in detail how Keysight’s TradeVision – the leading solution in the world for market data quality monitoring, can be configured to generate synthetic packets and accurately measure the latency and jitter values between this “mesh” sites at a single-digit nanosecond resolution. This capability is known as synthetic mesh latency (SML).