FPL Eyes Latency Standards

"This working group is about developing a method to measure latency and share that information," says Kevin Houstoun, co-chair of the FPL global technical committee and chairman of Rapid Addition. "It will work equally with FIX or FAST encoded messages with other market data or transactional formats."

"The aim is to provide an interoperable standard for latency measurement applied to real-time market data and transaction message traffic," says Henry Young, director of product development at TS

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