Correlix Revises Latency Tool

The vendor released version 1.5 in mid-December, and has since rolled it out to several sell-side and ECN clients, says Correlix chief executive Shawn Melamed.

The upgrade includes an improved multi-route engine that monitors the flow of traffic across the various routes a message might take to get to or from a trading venue-for example, via different providers, in-house feed handlers, and data publishing platforms. So where messages for a particular symbol are assigned a particular route, firms

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DORA stalls over identifier dispute

A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.

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