WatersTech Panel: Raising the Standard for Latency Transparency

With the importance of low-latency data to algorithmic and high-frequency trading, exchanges, alternative trading venues, and market data and technology vendors have all been keen to demonstrate their performance by quoting latency statistics. But without a clear and consistent methodology governing how latency is measured, these claims can be opaque and of little value to end-user firms.

This problem has prompted a number of industry initiatives aimed at establishing standards and promoting