Long-awaited standards that will help bring greater transparency
to the murky world of sub-second trading are due to be rolled out
next month, after industry resistance helped delay the project for
six months.
Fix Protocol, which sets industry standards, is to unveil the
first independent like-for-like comparison of trading speeds - also
called latency - next month. Trading platforms are locked in
an arms race to achieve ever-faster trading speeds as they compete
for a breed of super-fast, high-frequency trading orders, but there
has historically been no independent means of comparing
latency.
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