CS, Banks Complete Turquoise Latency POC

The bank is one of a handful of firms working with Turquoise on the project, which has been running for around eight months. Latency measurement is important for monitoring systems performance, and is also becoming an input into routing decisions in the fragmented European trading landscape, officials say.

"We already feed latency data into our smart order-routing algorithms," says Chris Marsh, head of European trading and product development at Credit Suisse's Advanced Execution Services divisio

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