PTP Gains Traction as De Facto Latency Monitoring Protocol

Donal O'Sullivan, Corvil

For years, the network time protocol (NTP) has been the standard timestamp on Wall Street. For general applications, it can deliver millisecond accuracy. But in today's trading environment, a millisecond is no longer deemed fast enough. As firms look to deploy a time synchronization strategy for their platforms to measure latency, the precision time protocol (PTP), which can deliver microsecond accuracy, is gaining interest across the capital markets. But while it's becoming more popular, ado