Reuters unveils new latency system

Reuters Latency Monitor (RLM), a new system unveiled last month (March), enables users to continuously monitor the speed at which market data is delivered, sending alerts when the speed falls. Reuters says the tool will be vital for algorithmic trading applications which capitalise on the fleeting opportunities created in high-velocity markets where timely use of data is essential. The RLM requires no modifications to the Reuters Market Data System and can measure latency across the network