Correlix Eyes Broker Latency Metrics

Shawn Melamed, president and chief technology officer at Correlix

Latency monitoring technology vendor Correlix expects latency management to take off among broker-dealers in the next 12 months in the same way it already has among exchanges, to differentiate their market access services to buy-side clients.

“Now, all the brokers provide models, algorithms and connectivity, and we see some of them growing unique technologies to make their pre-trade risk checks faster. Speed is the next thing they can pitch as a differentiator. It gives clients signals about the